Indian Railways - Budget 2007 - 08

26 Feb '07

1 min read

Indian Railways, the strong fiber of Indian economy, is at the centre of attention today as Lalu Prasad Yadav, Hon. Railway Minister, is presenting his fourth Railway budget today.

Railways earn profit of Rs20,000 crore for FY 07

Freight on steel, cement up 5 percent in FY 07

Railways exploring IRCON, private partnership options

April-December passenger traffic up 14 percent

Operating Ratio seen at 73.5 percent

Reservation through internet to be extended

Railways plans to start three-storey container trains

Freight earnings up 17 percent in nine months

New wagons to replace outdated ones

Customer grievances to be disposed within 3 months

6000 automatic ticket vending machines to be installed

Tariff discount to increase high axle wagon production

Railways to observe 2007-08 as Cleanliness Year

Minister credits rail workers for financial turnaround

Govt must speed up building of dedicated freight corridor

Rail tickets to be available at petrol pumps & ATMs

To up axle load for more freight carrying capacity

Freight rates unchanged

Railways to introduce smart rail travel cards

50 percent fare concession for UPSC, other official examinees

Railways to introduce 800 new wagons

All passenger fares cut across the board

Two new unreserved bogies for all trains

139 - new telephone inquiry number across India

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