New Delhi, Feb 26: India TV Business brings you complete coverage on the Railway Budget 2013. Here are major points Railway minister Pawan Bansal mentioned in his Rail Budget speech:
* 22 new lines to be taken up in 2013-14
* Superfast and Tatkal charges to rise
* 9 EMUs to be introduced
* Deregulation of diesel prices and hike in electricity tariff to result in a burden of Rs 5,100 crore in 2013-14.
* New debt service fund to be set up
* Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan
* Operating ratio of 88.8 percent achieved
*
Marginal increase in cancellation, reservation charges * Dividend reduced from 5 to 4 percent
* Electrification of 1,200 km to be completed this year
* 72 additional suburban services in Mumbai and 18 in Kolkata
* Run of 58 trains proposed to be extended
* 27 new passenger trains to be introduced
*
5 per cent average increase in freight * New debt service fund to be set up
* Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan
* Operating ratio of 88.8 percent achieved
* Dividend reduced from 5 to 4 percent
* Electrification of 1,200 km to be completed this year
* 72 additional suburban services in Mumbai and 18 in Kolkata
*
No increase in passenger fares* Rs.6,600 crore increase in earnings from fare adjustment in January
* Rs.63,000 crore investment in 2013-14
* 1,047 million tonnes freight loading estimated during 2013-14
* Passenger earnings of Rs 42,000 crore estimated in 2013-14
* India in 1 billion tonne freight club
* Locomotive cabs to be air-conditioned
* 1.51 lakh vacancies to be filled up
Latest Business News
