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RAIL BUDGET 2009

The rail budget was presented in Lok Sabha & the main focus of the budget was to reduce burden on the common man by reducing train fares by substantiaal amount,implementation of 6th pay commission & increasing 43 new trains in the year 2010. Whwn it comes to presenting the budget then main focus of Laloo Yadav is on common population .

Some important highlights of the budget :

  • Passenger trains will have 22% more capacity.
  • Two per cent cut in AC-Fares.
  • 43 new trains to be introduced in FY-2010.
  • Feasibility study for Delhi-Patna Bullet train going on.
  • Rail passenger growth up 14%.
  • Freight rate to remain unchanged.
  • Railways to spend Rs 4000 crore on pensions.
  • To invest Rs 2.3 cr in the next five years.
  • Railways has invested Rs 38,000 crore in 2008-09.
  • 6th Pay Commission implementation to hike expense by Rs 13,500cr.
  • Railways cash reserves touch Rs 90,000 crore .
  • 4 call centres set up for rail enquiry.
  • Customers can now book tickets online.
  • Profits registeres without hurting the common man.
  • Railways managed 8 per cent growth in freight loading.
  • Freight capacity up by 78%.
  • Railways got loans at 4%.
  • Mishap rate has dropped drastically.
  • Lalu: Our Rail Budget has always been for the poor.
  • This would be UPA's last railway budget during this term.
  • The budgetary support to the railway plan will be about Rs 10,800 crore, representing a significant step up of 37 per cent compared with Rs 7,874 crore in 2008-09.

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