Railway Budget 2011 - 2012
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Highlights of the railway budget for 2011-12 presented by Railway Minister Mamata Banerjee: è 50 percent concession for mediapersons with families to be increased from once to twice a year. è Age for senior citizen's concession reduced to 58 from 60. è Airport-like trolleys to be provided at more stations. è All-India security helpline set up. è Anti-collision device (ACD), successful in North West Frontier Railway, to be extended to three more zonal railways. è Budget combines strong economic focus with inclusion. è Central Organistaion for Project Implemtaiton created; will create accountability for non-performance. è Centre for excellence in software to be set up at Darjeeling. è Concession for physically handicapped and gallantry award winners for travel in Rajdhani and Shatabdi expresses. è Decided to set-up rail-based industries. è Decision to start pilot projects to give shelter to homeless people living along the tracks in Mumbai. è Earnings for 2010-11 set to exceed Rs.1 lakh crore. è First coach from Rae Bareli factory to roll out in next three months. è Fund to be created for socially desirable projects. è Happy to announce 85 PPP proposals received; set up single-window system to take these forward. è Industrial park to be set up in Nandigram, West Bengal. è Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened. è Loss of Rs.3,500 crore in 2010-11. è Manipur capital Imphal to be soon connected to railway network. è Multi-purpose smart card to be introduced for all-India travel. è Mumbai suburban system's EMU coaches to be increased from nine to 12. è New Durantos to be run on Allahabad-Mumbai, Pune-Ahmedabad, Sealdah-Puri, Secunderabad-Visakhapatnam, Madurai-Chennai routes, among others. è No increase in fares. è Outlay of Rs.57,630 crore for 2011-12, the highest investment in one year. è Passing through a difficult phase; 97 percent increase in expenditure in 2010-11 due to implementation of Sixth Pay Commission report. è Pradhan Mantri Rail Vikas Yojna to be launched. è Rail linkage to Gujarat from Delhi-Mumbai freight corridor. è Railways always been a soft target but law and order a state subject. If railways are blocked in one region, this has a snowballing effect in other parts of the country. è Railways to set up a sports cadre. è Railways to set up factory in Jammu and Kashmir. è Rs.10,000 crore to be raised through railway bonds. è Safety first priority; accident rate has come down. è Ten-year backlog of 1.75 lakh jobs being addressed; 16,000 ex-servicemen to be given jobs in railways. è To adopt modern technology through centres of academic excellence. è To set up Metro coach factory at Singur, West Bengal. è Train to run to Bangladesh to showcase Indian culture. è Upgraded class of air conditioned travel to be introduced shortly. è Will add 180 km of rail lines in 2011-12. è Will develop business-oriented policies to aid industry. è Work on upgrading 442 stations to be completed by March 31. è Work on wagon factory in Orissa to begin after land is acquired. è Work started on two dedicated freight corridors. è Working expenditure during 2011-12 estimated at Rs.87,000 crore.
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P. Raja Rajeswaran
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