Railway Budget 2011-12: The highlights
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Got 85 proposals for PPP
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High demand for coach, wagons can’t be met immediately
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To set-up single window for PPP approval
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To set-up rail-based industries for passenger coaches
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Giving economic share to industrials to invest in rail
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Some rolling stock materials not available
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Have to depend on imports for rolling stock material
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To set up coach factory in Palaghat
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To set up metro coach factory in Singur
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To set-up diesel locomotive centre in Manipur
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Imphal to be connected with rail network soon
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To set up new coach factory at Kolar via PPP or JV
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To set up two more wagon units under JV mode
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To set up two more wagon units in Kerala
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To set up rail industrial park at new Bongaigaon, Nandigram
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To set up 700 MW gas-based power plant in Maharashtra
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Planning 1320 MW thermal power plant in Agra
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To set up 1300 MW thermal power plant in AP
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Aiming 700 km of annual rail line addition as compared to the current 150 kms
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Working on 1000 MW captive power plant in Bihar
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To build new rail line capacity of 700km versus 180km a year
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To raise Rs 10,000 crore via tax free bonds
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Annual plan for FY12 at Rs 57,630 crore
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Annual gross budgetary support at Rs 20,000 crore
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Market borrowing at Rs 20,594 crore
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Rs 13,824 crore for acquisition of rolling stock
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Doubling spend on gauge conversion to Rs 2,470 crore
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To spend Rs 9,583 crore for new line in FY12
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To create fund to implement socially desirable plans
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Railways earnings likely to exceed Rs 1 lakh crore
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Three railway zones to implement anti-collision devices
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To construct 172 rail over bridges in FY12
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To do away with all unmanned rail crossings in FY12
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Started e-procurement system to ensure transparency
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Saved Rs 300 crore on rail re-alignment
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To give 12,000 acre for dedicated freight corridor
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442 station up-gradation to be completed by March
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To cut booking charge on AC to Rs 10 versus Rs 20
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Freight loading aim at 993 million tonne in FY12
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Wagon procurement target at 18,000 units in FY12
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To launch nine new Duranto, three Shatabdi trains
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To introduce 56 new express trains
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Frequency of 17 trains to be increased
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To fill up 13,000 RPF jobs
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FY12 operating ratio pegged at 91.1%
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Lost Rs 2,000 crore in FY11 on iron ore export curbs
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Disruption cost Rs 1,500 crore loss in FY11
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Railways saved Rs 3,700 crore due to austerity steps
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Operating ratio excluding pay panel arrears at 84% now
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Double-stack container train from Gujarat to Gurgaon
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Railway earnings set to top Rs 1 lakh crore mark in FY12
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Expect railways financial health to revive in FY12
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To see Rs 5,260 crore savings in FY12
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See Rs 5,258 crore excess funds with railways in FY12
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Freight target reduced by 20 million tonne to 924 million tonne
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To complete 1,075 km new rail lines in FY12
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Aim to complete dedicated freight corridor by December 2016
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Concession for women senior citizen cut to 58 years versus 60 years
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To double-line 867 km of rail tracks in FY12
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To up capacity of 107 Mumbai local trains.
Source: Fwd Mail