Railway Budget 2011-12: The highlights

Railway Budget 2011-12: The highlights

1 Got 85 proposals for PPP
2 High demand for coach, wagons can't be met immediately
3 To set-up single window for PPP approval
4 To set-up rail-based industries for passenger coaches
5 Giving economic share to industrials to invest in rail
6 Some rolling stock materials not available
7 Have to depend on imports for rolling stock material
8 To set up coach factory in Palaghat
9 To set up metro coach factory in Singur
10 To set-up diesel locomotive centre in Manipur
11 Imphal to be connected with rail network soon
12 To set up new coach factory at Kolar via PPP or JV
13 To set up two more wagon units under JV mode
14 To set up two more wagon units in Kerala
15 To set up rail industrial park at new Bongaigaon, Nandigram
16 To set up 700 MW gas-based power plant in Maharashtra
17 Planning 1320 MW thermal power plant in Agra
18 To set up 1300 MW thermal power plant in AP
19 Aiming 700 km of annual rail line addition as compared to the current 150 kms
20 Working on 1000 MW captive power plant in Bihar
21 To build new rail line capacity of 700km versus 180km a year
22 To raise Rs 10,000 crore via tax free bonds
23 Annual plan for FY12 at Rs 57,630 crore
24 Annual gross budgetary support at Rs 20,000 crore
25 Market borrowing at Rs 20,594 crore
26 Rs 13,824 crore for acquisition of rolling stock
27 Doubling spend on gauge conversion to Rs 2,470 crore
28 To spend Rs 9,583 crore for new line in FY12
29 To create fund to implement socially desirable plans
30 Railways earnings likely to exceed Rs 1 lakh crore
31 Three railway zones to implement anti-collision devices
32 To construct 172 rail over bridges in FY12
33 To do away with all unmanned rail crossings in FY12
34 Started e-procurement system to ensure transparency
35 Saved Rs 300 crore on rail re-alignment
36 To give 12,000 acre for dedicated freight corridor
37 442 station up-gradation to be completed by March
38 To cut booking charge on AC to Rs 10 versus Rs 20
39 Freight loading aim at 993 million tonne in FY12
40 Wagon procurement target at 18,000 units in FY12
41 To launch nine new Duranto, three Shatabdi trains
42 To introduce 56 new express trains
43 Frequency of 17 trains to be increased
44 To fill up 13,000 RPF jobs
45 FY12 operating ratio pegged at 91.1%
46 Lost Rs 2,000 crore in FY11 on iron ore export curbs
47 Disruption cost Rs 1,500 crore loss in FY11
48 Railways saved Rs 3,700 crore due to austerity steps
49 Operating ratio excluding pay panel arrears at 84% now
50 Double-stack container train from Gujarat to Gurgaon
51 Railway earnings set to top Rs 1 lakh crore mark in FY12
52 Expect railways financial health to revive in FY12
53 To see Rs 5,260 crore savings in FY12
54 See Rs 5,258 crore excess funds with railways in FY12
55 Freight target reduced by 20 million tonne to 924 million tonne
56 To complete 1,075 km new rail lines in FY12
57 Aim to complete dedicated freight corridor by December 2016
58 Concession for women senior citizen cut to 58 years versus 60 years
59 To double-line 867 km of rail tracks in FY12
60 To up capacity of 107 Mumbai local trains

Source; www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd