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Here are highlights of Rail Budget 2007 - 2008 India.
Home : Finance : Union Budget 2007 - 2008 : Railway Budget 2007 - 2008 India Highlights

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 to six.
  • 800 more bogies to be introduced in existing trains
  • 50% fare concession offered for UPSC and other official examinees.
  • 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 coaches.
  • 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 years.
  • All metre gauge tracks to become broad gauge in 11th Five-Year Plan
  • Indian Railways to invest massively in container operations in next five years.
  • Railways to appoint SP grade officer in each zone to look into customer complaints.
  • Railways to appoint independent marketing agency to increase revenues.
  • Rail tracks to be electrified all over India.
  • New railway telephone enquiry number: 139
  • Rs 5,000 crore set apart for local trains.








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