The Railway Budget was passed by the Lok Sabha with Minister Mamata Banerjee announcing a slew of measures to tone up the functioning of the Railways.
The discussion on the Railway Budget in Lok Sabha on Tuesday had MPs taking swipes at each other, forcing railway minister Mamata Banerjee to join issue, at times snapping in anger, at times in bemusement, with Opposition MPs.
We have once again gone through the laborious process of listening/watching the railway minister presenting a budget for more than one and a half hours—telling us about new trains, clean coaches, on-time trains, travel safety—the list goes on.
Planning your travel just got easier as railway tickets will now be available at mobile vans and post offices.
Public sector undertakings under the Ministry of Railways are profitable Railway Minister Mamata Banerjee said.
Out of this investment, it would pump in Rs 12,393 crore on railway research, while road safety works would get Rs 5,135 crore.
BJP slammed the railway budget saying that it had been prepared in haste and failed to provide the needed impetus.
The locations for the medical colleges include Chennai, Thiruvananthapuram, Hyderabad, Bilaspur, Lucknow, Bhubhaneswar, Jodhpur, Dibrugarh, Nagpur and Ahmedabad.
Indian Railways will be paying a higher dividend of Rs 5,479 crore during the current fiscal despite over Rs 3,000 crore dip in cash surplus.
With youth being the flavour of the season, Railway Minister Mamata Banerjee introduced low-cost, air-conditioned 'Yuva Trains' dedicated to the generation next.
Railway Minister Mamata Banerjee announced a slew of measures including the development of world class stations and introducing double decker coaches for inter-city travel.
The 2009/10 railways budget is a 'competent' job, Prime Minister Manmohan Singh said.
In a thanks-giving budget, Mamata proposed no increase in passenger fares or freight tariff.
Improving passenger amenities is a priority area for the Indian railways and it will set up a panel to look at innovative financing for unviable projects.
India will put the railways' land to productive use along its freight corridor and will set up a 1000-mega watt power plant.
The Indian railways will acquire 18,000 wagons in the fiscal year 2009/10.









