rail budget new trains 2010-2011
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=======================================the list of new trains :
1. Yeswantpur (Bangalore) -Delhi (AC) (Weekly)
2. Mumbai-Secunderabad AC (Bi-weekly)
3. Pune –Howrah AC (Bi- weekly)
4. Mumbai-Ernakulam AC (Bi-weekly)
5. Indore- Mumbai AC (Bi-weekly)
6. Jaipur-Mumbai AC (Bi-weekly)
The following Durontos would run in the day time:
1. Chandigarh -Amritsar
2. Chennai – Coimbatore
3. Puri - Howrah
4. Howrah- Digha
other highlights included:
�� Private operators to be permitted to invest in Infrastructure and run special
freight trains.
�� 6 high-speed passenger corridors identified to be executed through the PPP
mode. To set up a National High Speed Rail Authority for monitoring of these
projects.
�� North-South, East-West dedicated freight corridors to be created.
�� No increase in Passenger fares; reduction in service charge on e-tickets.
�� No increase in freight rates.
�� Reduction of Rs100/wagon in freight charges for food-grains for domestic use
and kerosene.
�� 101 new suburban trains to be introduced in Mumbai.
�� 54 new trains to be introduced.
�� Various social welfare programmes also formed part of the Railway Budget
speech.
�� Rs1,302cr provided for passenger amenities in the 2010-11 Budget against
Rs923cr last year.
�� Allocation for construction of new lines increased from Rs2,848cr to Rs4,411cr.
�� Highest ever Annual Plan outlay of Rs41,426cr.
In conclusion
The fact that the Railway Budget spared any hike in passenger fares and freight
rates will undoubtedly please both - the common man as well as corporate India.
Further, with the Minister showing continued inclination towards an increase in
private participation in the years to come, opens up immense opportunities for the
private sector to contribute to the growth story of Indian Railways. Overall, the
Railway Budget can be stamped as a positive one with a visionary agenda set for
Indian Railways to follow over the next decade.
February 24, 2010
Hitesh Agrawal
+91 22 4040 3800 Ext: 341
Email: hitesh.agrawal@angeltrade.com