and/or www.mantra.com/jai (Dr. Jai Maharaj)
2010-02-25 02:53:39 UTC
Forwarded message
No hike in fares, freight charges in rail Budget
PTI
The Pioneer
Wednesday, February 24, 2010
The Railway Budget for 2010-11 on Wedesday proposed no increase in
passenger fares and freight rates while reducing the tariff by Rs 100
per wagon in transportation of foodgrains, kerosene and fertilisers
to tackle the price rise.
The budget, presented by Railway Minister Mamata Banerjee in the Lok
Sabha, also proposed to reduce the maximum limit of service charge on
e-booking of tickets to Rs 10 for sleeper class and Rs 20 for AC
class. The present maximum charge is Rs 15 and Rs 40 respectively.
This is the seventh year in a row that passenger fares have not been
raised.
Announcing a slew of concessions for passengers, Banerjee proposed
free travel for cancer patients going for treatment in three-tier AC
and sleeper class and continuance of concessions for students of
madrassas and journalists.
The minister said 101 new suburban services will be introduced in
Mumbai and more services will be launched in Kolkata and Chennai.
A special train 'Sanskriti Express' to mark the 150th birth
anniversary of Rabindranath Tagore will run across the country and
also to Bangladesh.
Special tourist trains called 'Bharat Teerth' will be started on 16
routes while six long-distance non-stop Duronto Express and four
short-distance Duronto day trains will be introduced, the Railway
Minister said.
The budget estimates for 2010-11 pegs the freight loading target at
944 million tonnes, an increase of 54 million tonnes over current
year's revised estimates. The passenger traffic is likely to grow by
5.3 per cent.
Referring to hardships faced by people because of the high food
prices, Banerjee said, "I understand their distress. Despite
Railways' own tight resource position I announce reduction of Rs 100
per wagon in freight charges for foodgrains for domestic use and
kerosene. This is a small gesture to express our concern."
While ladies special trains would be renamed 'Matribhoomi Specials',
three unreserved trains named 'Karambhoomi specials' would be
introduced along with new weekly express service 'Janmabhoomi
Express' between Ahmedabad and Udhampur.
New services to be introduced include 54 trains, 28 new passenger
services, nine MEMU and eight DEMU services. The routes of 21 trains
will be extended and the frequency of 12 trains increased.
Other new projects include preliminary engineering-cumtraffic survey
for north-south, east-west, east-south and south-south dedicated
freight corridors.
Six high-speed passenger train corridors have been identified to be
executed through public-private partnership mode and a national high-
speed rail authority will be set up for planning, implementing and
monitoring these projects.
The financial performance in 2009-10 shows that the loading target of
882 million tonnes is likely to be surpassed by eight million tonnes.
Gross traffic receipts for 2009-10 have been kept at Rs 88,356 crore
-an increase of 10.7 per cent. The full impact of sixth pay
commission has been fully absorbed within the railway resources and
the current dividend liability will be fully discharged. Annual plan
has been kept at Rs 40,284 crore, Banerjee said. The budget has
provided for the highest-ever plan outlay for 2010-11 at Rs 41,426
crore, an increase of Rs 1,142 crore over 2009-10.
A provision of Rs 4,411 crore has been provided in the plan for new
lines while passenger amenities get Rs 1,302 crore and metro projects
Rs 1,001 crore.
The plan for next year also provides for acquisition of 18,000
wagons, while additional budgetary support of Rs 3,701 crore has been
sought for 11 national projects.
Surveys for 114 socially desirable projects connecting backward areas
will be taken up along with 54 surveys for new lines, two for gauge
conversions, seven for doubling and five others to be taken up.
Under the new plan, 1021 km of new lines will be completed and nine
new line projects would be taken up. Gauge conversion of 800 km and
doubling of 700 km has been targeted.
Banerjee said economic viability and social responsibility will be
the main consideration for taking up of projects in which inclusive
growth and expansion of rail work will be given priority.
A special task force will be set up to clear proposals for
investments within 100 days and a separate structure will be created
for implementation of the business models.
The Railway Minister announced that as part of passenger amenities 94
stations will be upgraded as 'Adarsh' (model) stations and 10 more
stations would be identified for conversion to world class stations.
http://www.dailypioneer.com/238307/No-hike-in-fares-freight-charges-in-Rail-Budget.html
End of forwarded message
Jai Maharaj, Jyotishi
Om Shanti
o Not for commercial use. Solely to be fairly used for the educational
purposes of research and open discussion. The contents of this post may not
have been authored by, and do not necessarily represent the opinion of the
poster. The contents are protected by copyright law and the exemption for
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which may or may not have been specifically authorized by the copyright
owner. This material is being made available in efforts to advance the
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that this constitutes a 'fair use' of any such copyrighted material as
provided for in section 107 of the US Copyright Law. In accordance with Title
17 U.S.C. Section 107, the material on this site is distributed without
profit to those who have expressed a prior interest in receiving the included
information for research, comment, discussion and educational purposes by
subscribing to USENET newsgroups or visiting web sites. For more information
go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this article for purposes of
your own that go beyond 'fair use', you must obtain permission from the
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Since newsgroup posts are being removed
by forgery by one or more net terrorists,
this post may be reposted several times.
No hike in fares, freight charges in rail Budget
PTI
The Pioneer
Wednesday, February 24, 2010
The Railway Budget for 2010-11 on Wedesday proposed no increase in
passenger fares and freight rates while reducing the tariff by Rs 100
per wagon in transportation of foodgrains, kerosene and fertilisers
to tackle the price rise.
The budget, presented by Railway Minister Mamata Banerjee in the Lok
Sabha, also proposed to reduce the maximum limit of service charge on
e-booking of tickets to Rs 10 for sleeper class and Rs 20 for AC
class. The present maximum charge is Rs 15 and Rs 40 respectively.
This is the seventh year in a row that passenger fares have not been
raised.
Announcing a slew of concessions for passengers, Banerjee proposed
free travel for cancer patients going for treatment in three-tier AC
and sleeper class and continuance of concessions for students of
madrassas and journalists.
The minister said 101 new suburban services will be introduced in
Mumbai and more services will be launched in Kolkata and Chennai.
A special train 'Sanskriti Express' to mark the 150th birth
anniversary of Rabindranath Tagore will run across the country and
also to Bangladesh.
Special tourist trains called 'Bharat Teerth' will be started on 16
routes while six long-distance non-stop Duronto Express and four
short-distance Duronto day trains will be introduced, the Railway
Minister said.
The budget estimates for 2010-11 pegs the freight loading target at
944 million tonnes, an increase of 54 million tonnes over current
year's revised estimates. The passenger traffic is likely to grow by
5.3 per cent.
Referring to hardships faced by people because of the high food
prices, Banerjee said, "I understand their distress. Despite
Railways' own tight resource position I announce reduction of Rs 100
per wagon in freight charges for foodgrains for domestic use and
kerosene. This is a small gesture to express our concern."
While ladies special trains would be renamed 'Matribhoomi Specials',
three unreserved trains named 'Karambhoomi specials' would be
introduced along with new weekly express service 'Janmabhoomi
Express' between Ahmedabad and Udhampur.
New services to be introduced include 54 trains, 28 new passenger
services, nine MEMU and eight DEMU services. The routes of 21 trains
will be extended and the frequency of 12 trains increased.
Other new projects include preliminary engineering-cumtraffic survey
for north-south, east-west, east-south and south-south dedicated
freight corridors.
Six high-speed passenger train corridors have been identified to be
executed through public-private partnership mode and a national high-
speed rail authority will be set up for planning, implementing and
monitoring these projects.
The financial performance in 2009-10 shows that the loading target of
882 million tonnes is likely to be surpassed by eight million tonnes.
Gross traffic receipts for 2009-10 have been kept at Rs 88,356 crore
-an increase of 10.7 per cent. The full impact of sixth pay
commission has been fully absorbed within the railway resources and
the current dividend liability will be fully discharged. Annual plan
has been kept at Rs 40,284 crore, Banerjee said. The budget has
provided for the highest-ever plan outlay for 2010-11 at Rs 41,426
crore, an increase of Rs 1,142 crore over 2009-10.
A provision of Rs 4,411 crore has been provided in the plan for new
lines while passenger amenities get Rs 1,302 crore and metro projects
Rs 1,001 crore.
The plan for next year also provides for acquisition of 18,000
wagons, while additional budgetary support of Rs 3,701 crore has been
sought for 11 national projects.
Surveys for 114 socially desirable projects connecting backward areas
will be taken up along with 54 surveys for new lines, two for gauge
conversions, seven for doubling and five others to be taken up.
Under the new plan, 1021 km of new lines will be completed and nine
new line projects would be taken up. Gauge conversion of 800 km and
doubling of 700 km has been targeted.
Banerjee said economic viability and social responsibility will be
the main consideration for taking up of projects in which inclusive
growth and expansion of rail work will be given priority.
A special task force will be set up to clear proposals for
investments within 100 days and a separate structure will be created
for implementation of the business models.
The Railway Minister announced that as part of passenger amenities 94
stations will be upgraded as 'Adarsh' (model) stations and 10 more
stations would be identified for conversion to world class stations.
http://www.dailypioneer.com/238307/No-hike-in-fares-freight-charges-in-Rail-Budget.html
End of forwarded message
Jai Maharaj, Jyotishi
Om Shanti
o Not for commercial use. Solely to be fairly used for the educational
purposes of research and open discussion. The contents of this post may not
have been authored by, and do not necessarily represent the opinion of the
poster. The contents are protected by copyright law and the exemption for
fair use of copyrighted works.
o If you send private e-mail to me, it will likely not be read,
considered or answered if it does not contain your full legal name, current
e-mail and postal addresses, and live-voice telephone number.
o Posted for information and discussion. Views expressed by others are
not necessarily those of the poster who may or may not have read the article.
FAIR USE NOTICE: This article may contain copyrighted material the use of
which may or may not have been specifically authorized by the copyright
owner. This material is being made available in efforts to advance the
understanding of environmental, political, human rights, economic,
democratic, scientific, social, and cultural, etc., issues. It is believed
that this constitutes a 'fair use' of any such copyrighted material as
provided for in section 107 of the US Copyright Law. In accordance with Title
17 U.S.C. Section 107, the material on this site is distributed without
profit to those who have expressed a prior interest in receiving the included
information for research, comment, discussion and educational purposes by
subscribing to USENET newsgroups or visiting web sites. For more information
go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this article for purposes of
your own that go beyond 'fair use', you must obtain permission from the
copyright owner.
Since newsgroup posts are being removed
by forgery by one or more net terrorists,
this post may be reposted several times.