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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

Spotlight: Budget 2005



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