| Railway Budget 2013-14 by railgenie on 28 February, 2013 - 12:00 PM | ||
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railgenie | Railway Budget 2013-14 on 28 February, 2013 - 12:00 PM | |
Railway Minister Pawan Kumar Bansal has presented his maiden railway budget in the Parliament in which he has proposed to introduce no fewer than 26 new passenger trains during the current financial year. Additionally, there will be extension of 57 trains and increased frequency of 24 trains this year. Some of the highlights of rail budget are as this: Marginal increase in cancellation, reservation charges; 67 new express trains to be introduced; 27 passenger trains, 8 DEMUs; operating ratio expected to improve to 87.8 per cent in 2013-14 from 88.8 per cent in the current fiscal year; 5.2 per cent growth in passenger traffic expected in 2013-14; Railway hopes to end 2013-14 with a balance of Rs 12,506 crore; allocation of Rs 1,000 crore each made for railway land development authority and railway station development authority; Railways set to enter 1 billion ton freight club of China, Russia and US; new train Azadi Express to places linked with the freedom struggle to be introduced; fares to be concessional, common rail-bus ticket to be introduced for Katra-Vaishnodevi pilgrims, internet booking to be provided from 0030 hours to 2330 hours, internet booking to be strengthened with next-generation e-ticketing system to eliminate delays. | ||