Railway Budget 2005-2006 presented by Laloo Saturday, February 26 2005 11:15 Hrs (IST) - World Time -
Laloo completes presenting the Railway Budget
13:04
Booking of tickets from landline phones to start soon
Clean Train Station System to be implemented in FY '06
Railways to adopt corrosion resistance stainless steel
EMU coaches in Mumbai
12 new concrete sleeper plants to be set up
Computerised train inquiry system to cover entire nation
Passenger traffic to rise by 4 per cent in 2006
13:00 PM
Goods traffic to be simple, rational and transparent
Spot booking for vacant berths to be allowed
12:55 PM
Six sections identified for new rail lines in 2005-06 with a total
span of 219 kilometres
935 kms of gauge conversion on nine routes during 2005-06
12:52 PM
New Delhi railway station to be upgraded to world standards
Double 538 kms of rail lines in FY06
27 trains get extension
Railways to commercially develop rail land near major stations
Gross traffic receipts for FY06 seen at Rs 50,970 cr
Railways double collection of arrears in FY05
12:49 PM
Integrated Railway Modernisation Plan spanning five years upto 2010 has been formulated
Trains on some routes to run at 150 kmph
12:45 PM
Extension of 27 trains during 2005-06
Increase in frequency of 10 trains next fiscal (2006-2007)
50 per cent concession in II class to farmers and milk producers for travelling for agriculture practices
12:42 PM
Market borrowing targeted for 2005-06 is Rs 3,400 crore
Total outlay for 5 major plan project heads has been kept at Rs 2,185 crore with Rs 658 crore on New Lines, Rs 645 crore on Gauge Conversion, Rs 505 crore for Doubling and Rs 102 crore for Electrification
12:41 PM
RPF entrusted with responsibility for better protection of passengers, passenger areas and railway property from July
411 railway bridges to be renovated
12:35 PM 2/26/05
Container traffic to grow by 15 per cent per year
Private participation to be encouraged
12:33 PM
Youths appearing for interviews to get full concession
Freight gives 62 per cent to Railways; 5 per cent spent on safety and development
12:31 PM
Freight growth surpasses economic growth and 10th plan target of 396 billion tonnes
Railways Plan outlay for 2005-06 has been kept at Rs 11,827 crore
Revised earnings for FY05 at Rs 46,635 crore
Earnings record 8.3% growth at Rs 33,900 crore upto December 2004
12:28 PM
350 kms to be be electrified during 2005-06
In notified cases of natural disasters, the transportation of the relief material will be carried on priority basis, free of cost
12:25 PM
Recruitment drive to fill up vacancies in the Railway Protection Force (RPF)
12:22 PM
"Sundry other" earnings are expected to grow by 5 per cent
Extension of Kolkata Metro to be completed by 2007
12:20 PM
75 per cent concession in second class fares to Government rural school students, once in a year, for study tour
75 per cent concession in second class for girls from rural areas studying in Government schools for attending national level entrance examination for medical, engineering and other professional courses in colleges
12:17 PM
Spot booking of vacant berths to be allowed
Rs 3645 cr of Safety Fund to be spent this year
Rs 6504 cr from Railway Safety Fund spent last year
12:11 PM
Computerised train enquiry system
Rail Land Development Authority (RLDA) to be set up
12:09 PM
New railway facility in 152 centers
Real time booking through the internet to be introduced
Demand of Rs 3,521 crore under the "Capital" head and Rs 639 crore as Special Railway Safety Fund for April and May this year (2005). Rs 774 crore has been sought for "Railway Fund"
12:05 PM
46 new train to be introduced
Provision has also been made to provide higher priority in the Preferential Traffic Order for customers
12:02 PM
Modernisation of the Railways in the offing
Parcel rates not to change
An attractive new scheme to be introduced to encourage public-private partnership in procurement of wagons, the "Wagon Investment Scheme" would meet the anticipated incremental freight traffic in the coming years
11:59 AM
3.7 percent cut in freight for kerosene and LPG
In the proposed rationalisation, the goods tariff will have only 80 groups of commodities instead of the existing over 4,000 commodities
11:52 AM
Passenger and freight train fares remain unchanged
11:46 AM
Farmers to avail discounted fares
Budget to give priority to travel of Armed force personnel
11:40 AM
Goods traffic growth surpassed economic growth
8.7 per cent growth in passenger traffic
11:25 AM
Laloo starts presenting the Railway Budget
11:17 AM
NDA leaders protest Laloo's Railway Budget on tainted Ministers issue
11:12 AM