Indian Rail Budget 2010-11: Key Highlights
By jayita, Gaea News NetworkWednesday, February 24, 2010
NEW DELHI, INDIA (GaeaTimes.com) — Railway Minister Mamata Banerjee is all set to present her ‘aam admi’ Budget today. Rail Budget 2010-11 is expected to be a profitable one for both common people and Railway department.
Targeting the 2011 assembly election in West Bengal and Bihar, Mamata Banerjee seems reluctant hiking passenger fare in this budget.
The rail budget is aimed at strengthening security force as well as infrastructure development and modernization of the Railways.
Railways Vision document that was revealed in the Winter Season of Parliament last year, by honorable Railway Minister will be implemented in this budget. The document is subjected to generate more employment in the Railway department.
Freight charges for items like iron ore and cement are likely to increase, while freight charge for food grains will remain same.
There are proposals of more non-stop Duronto and Jan Shatabdi express trains. Mamata Banerjee is often accused of being partial to her home state West Bengal. We hope, this time she will gift a lot of railway projects to the people of India, irrespective of states.
Let’s see what are expected projects on Rail Budget
- Chittaranjan Locomotive Works to be modernised.
- 101 new suburban trains for Mumbai.
- 5 wagon factories planned.
- 117 new trains to be flagged out by March 31
- Rae Bareli coach factory work to start within a year.
- Plan to raise 20,000Crs in one year.
- Railway protection force to be augmented, Mahila Vahini to be introduced.
- Railway protection force to be augmented, Mahila Vahini to be introduced.
- 50 creches to be set up for railways women employees.
- Housing for all raiway employees in next 10 years.
