Railway Budget 2011-12: The highlights

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

Source: Fwd Mail