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India On Media |
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| Budget
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| Lalu presents Railway Budget; 2 pc |
| Lalu presents Railway Budget; 2 pc cut in AC trains
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| INDIA
, 13-February-2009
0:51:5 AM |
| Having managed to keep passengers fares in check for the last five years, Railway Minister Lalu Prasad announced minimal sops for train travellers when he presented the interim railway budget in Parliament on Friday.
Announcing that Railways made a profit of Rs 90,000 crore, Lalu Prasad said that Railways will invest Rs 2.3 trillion during 2009-2010.
Following are the highlights of the Interim Railway Budget for 2009-2010:
HIGHLIGHTS OF INTERIM RAILWAY BUDGET
* Lalu Prasad presents UPA's last rail budget in its term
* Railways made Rs 90,000 cr profit
* 2 pct cut in all AC and mail train fares
* Rs 10,500 cr allocated for pension requirements
* 6th Pay Commission to hike expense by Rs 13,500 cr
* Rlys laid 1100 kms of new rail lines
* Bhubaneshwar-New Delhi Rajdhani becomes 4 days a week
* New Delhi-Ahmedabad Rajdhani becomes daily
* Steep fall in container traffic
* Work on Delhi-Mumbai freight corridor started
* Rlys to invest Rs 35,900 cr in 2009
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