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Highlights of interim Rail Budget 2009-10
February 13, 2009
Fares cut; freigh rate remain unchanged
Reduction in passenger fares of ordinary passenger trains by Re 1 for fares costing up to Rs fifty per passenger for journey above ten kms.
Second class and sleeper class fares of all mail/express and ordinary passenger trains to be reduced by 2 per cent for tickets costing Rs 50 and more per passenger.
Fares of AC First Class, AC II tier, AC III tier and AC Chair Car also to be reduced by two per cent.
Freight rates unchanged.
Feasibility on for bullet trains between Delhi-Patna, Delhi-Amritsar, Chennai-Bangalore.
Railways expected to show a surplus of Rs 18,847 crore in the next fiscal.
FY09 Operating ratio seen at 88%; FY10 Operating ratio seen at 89%
FY10 freight revenue expected at Rs 59,060 crore
To spend Rs 37,900 cr in FY10
Started work on Dehi-Mumbai freight corridor
25 survey planned for 8 doubling projects
Dedicated freight corridor from Ludhiana to Kolkata to be inaugurated later this month by Sonia Gandhi.
Feasibility studies are on for running bullet trains between Delhi-Amritsar, Ahmedabad-Pune, Hyderbada-Vijaywada- Chennai, Chennai-Bangalore, Delhi-Patna, Kolkata-Haldia and Ernakulam-Howrah.
Image: The Union Minister for Railways, Shri Lalu Prasad arriving at Parliament House to present the Interim Railway Budget for the year 2009-10, in New Delhi on February 13, 2009. | Photograph, courtesy: PIB
Also read: Interim Budget: Tax sops on the way?
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