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Highlights of interim Rail Budget 2009-10

February 13, 2009

Fares cut; freigh rate remain unchanged

  • Reduction in passenger fares of ordinary passenger trains by Re 1 for fares costing up to Rs fifty per passenger for journey above ten kms.

  • Second class and sleeper class fares of all mail/express and ordinary passenger trains to be reduced by 2 per cent for tickets costing Rs 50 and more per passenger.

  • Fares of AC First Class, AC II tier, AC III tier and AC Chair Car also to be reduced by two per cent.

  • Freight rates unchanged.

  • Feasibility on for bullet trains between Delhi-Patna, Delhi-Amritsar, Chennai-Bangalore.

  • Railways expected to show a surplus of Rs 18,847 crore in the next fiscal.

  • FY09 Operating ratio seen at 88%; FY10 Operating ratio seen at 89%

  • FY10 freight revenue expected at Rs 59,060 crore

  • To spend Rs 37,900 cr in FY10

  • Started work on Dehi-Mumbai freight corridor

  • 25 survey planned for 8 doubling projects

  • Dedicated freight corridor from Ludhiana to Kolkata to be inaugurated later this month by Sonia Gandhi.

  • Feasibility studies are on for running bullet trains between Delhi-Amritsar, Ahmedabad-Pune, Hyderbada-Vijaywada- Chennai, Chennai-Bangalore, Delhi-Patna, Kolkata-Haldia and Ernakulam-Howrah.

    Image: The Union Minister for Railways, Shri Lalu Prasad arriving at Parliament House to present the Interim Railway Budget for the year 2009-10, in New Delhi on February 13, 2009. | Photograph, courtesy: PIB

    Also read: Interim Budget: Tax sops on the way?
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