Rail Budget 2010 presented by Mamata Banerjee, Rail Budget 2010-11 Highlights

Indian Railway Budget 2010: Mamata Banerjee today has presented Rail Budget 2010 on Feb 24, 2010. India’s rail budget is to encourage private investment along with social commitment but without privatisation and following are Some of the highlights of her budget 2010-11.

This was Banerjee’s fourth budget of her career as railway minister and the second for the United Progressive Alliance (UPA) government in its second straight term after being voted back to office in May last year.

According to Banerjee, 117 out of the 120 new trains promised in her last budget will be flagged off by March 31, within a matter of seven months, which was a commendable effort.

Seeking to give safety issues due consideration, the minister said there were a few cases of unfortunate accidents in the past and said these would be prevented by adopting the highest level of technology and manpower training.

Indian Railways runs the world’s second largest network under a single management with a network of 64,099 route km to ferry 18.9 million passengers on 7,000 trains daily from 6,906 stations. It also runs 4,000 freight trains to carry 850 million tonnes of cargo.

Some of the highlights of her budget 2010-11 include:

• Impact of Sixth Pay Commission recommendations placed at Rs.55,000 crore
• Gross earnings in 2009-10 estimated at Rs.88,281 crore
• Working expenditure in 2009-10 estimated at Rs.83,440 crore
• Expenses during 2010-11 estimated at Rs.87,100 crore
• Thrust on expansion in 2010-11 with allocation of Rs.4,411 crore
• Kashmir role link to be extended to Sopore
• Net profit of Rs.1,328 crore in 2009-10
• 10 automobile ancillary hubs to be created
• Twenty-two million energy saving CFLs for lighting distributed already
• Policy decision to employ one member of family whose land is requisitioned for railway projects
• North-south, east-west dedicated freight corridors to be created
• Construction of high-speed passenger rail corridors envisaged
• More multi-functional hospitals to be set up
• Educational facilities to be set up for children of 80,000 women families
• Special facilities to be established for gangmen
• Insurance facilities for licensed porters as part of railway’s corporate social responsibility
• Centre for railway research to be established with Indian Institutes of Technology and Defence Research and Development Organisation
• Will involve unions in policy making
• Integral Coach Factory Chennai to be further modernised
• New wagon repair shop in Mumbai
• Design, development and testing centre for railway wheels at Bangalore
• Within five years, all unmanned level crossings to be manned
• Construction of more underpasses, besides road overbridges
• Greater coordination with state governments to protect railway property
• Security of women passengers to be improved
• Ex-servicemen to be employed in Railway Protection Force
• Five sports academies to be set up; astroturf to be provided for development of hockey; employment opportunities for sports persons
• Railways to be lead partner for Commonwealth Games
• Special drive to increase passenger amenities
• Upgradation of 94 stations
• Six new drinking water bottling plants in public-private partnership (PPP) mode
• Modern toilets at railway stations
• More ticketing centres to help the public
• Acquisition of cutting edge safety technology
• 1,000 route km to be created
• Special task force for clearing investment proposals in 100 days
• New business model to be created
• No privatisation; railways will remain with government but with greater participation of business community
• 117 of 120 new trains for current fiscal to be flagged off

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