Here are highlights of Rail Budget 2007 - 2008
Railway Budget 2007-2008 India Highlights
Railway Minister Lalu Prasad Yadav has presented a
populist and pro-poor Railway Budget for the year 2007 - 2008. He has
announced a host of measures to benefit the common passenger. Railway
Minister announced that Railways posted a profit of Rs 20,000 crores as
against Rs 14,700 crores for the year 2006. Freight revenues and
passenger revenues increased by 17 per cent and 14 per cent
respectively, in April-December 2006.
Indian Railway Budget 2007 - 2008
- AC 1st Class fares slashed by 6 percent in lean season and 3
percent in peak season.
- Sleeper class fares slashed by four per cent.
- Freight rates on diesel and petrol cut by five per cent each and
that on iron ore by six per cent.
- Wooden seats to be replaced by cushioned ones in ordinary class
passenger trains from next fiscal.
- 32 new trains, 8 garib raths planned.
- Rs. 5,000 crore to be invested on Mumbai local rail service.
- Work on Rs 3,000 freight corridor to begin this year
- Unreserved compartments in new trains to be increased from four
- 800 more bogies to be introduced in existing trains
- 50% fare concession offered for UPSC and other official
- Special compartments to be designed for handicapped people to
make rail travel easier for them.
- Separate coach for vendors, milkmen and petty traders to be
introduced in the passenger trains.
- Women & senior citizens to get priority lower birth.
- Number of berths to be increased from 72 to 84 in sleeper
- 200 model station to be made by this year end.
- Railway call centres to be set up from where ticket bookings and
hotel bookings could be made.
- Tickets to be sold at petrol pumps, ATM centres etc.
- 6000 automatic ticket vending machines to be set up in next two
- All metre gauge tracks to become broad gauge in 11th Five-Year
- Indian Railways to invest massively in container operations in
next five years.
- Railways to appoint SP grade officer in each zone to look into
- Railways to appoint independent marketing agency to increase
- Rail tracks to be electrified all over India.
- New railway telephone enquiry number: 139
- Rs 5,000 crore set apart for local trains.