Wednesday, February 24, 2010

Highlights of Railway budget 2010-11 (Part-III)

New Delhi, Feb 24 (ANI: Railway Minister Mamata Banerjee on Wednesday presented the railway budget in the Parliament.

The highlights of the Railway budget 2010-11 are as follows:

Railways to set up Rabindra Museum in Howrah and Geetanjali Museum in Bolpur both in West Bengal to commemorate Rabindranath Tagore''s 125th birth anniversary

Chittaranjan Locomotive Works capacity to be augmented from 200 to 275 engines a year.

Wagon Repair Shop to be set up in Badnera near Amravati in Maharashtra

Integral Coach Factory in Chennai to be modernised and a new unit to be set up there

If land is available, Railways willing to set up a Diesel Multiple Unit factory in West Bengal

High-speed dedicated passenger corridors to be constructed; National High Speed Rail Authority to be set up.

Revenue from non-core business of Railways to go up from Rs 150 crore to Rs 1,000 crore

Allocation for construction of new lines increased from Rs 2848 crore to Rs 4411 crore

Rs 1,302 crore provided for passenger amenities in the 2010-11 railway budget against Rs 923 crore last year

Railways to develop ten automobile hubs

Funding for all metro projects raised by 55 per cent

To start rail link to Bangladesh

Kashmir role link to be extended to Sopore

Railways to have master plan for North Eastern region. (ANI)

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