Thursday,
February 27, 2003, Chandigarh, India
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Railway Budget at a glance New Delhi, February 26 * No hike in passenger fares * No hike in freight rates * Parcel rates rationalised * White paper on rail safety to be presented in Parliament * Total plan outlay is Rs 12,918 crore including outlay of Rs 2,311 crore through Special Railway Safety Fund (SRSF) * Introduction of 50 trains, increase in frequency of 13 trains and extension of run of 24 popular trains proposed. * Reduction of fares in selected trains in non-peak periods to be introduced * 10 per cent reduction in AC class in all Rajdhani trains between July 15 and September 15 this year. * Basic fares of different classes of Rajdhani and Shatabdi will now be lower for most pairs of stations. * Age limit to avail senior citizens’ concession on rail fares lowered to 60 years from the existing 65 years. * Cancer, thalassemia major and heart patients to be granted upto 75 per cent concession on rail fares. * Kidney patients undertaking train journey for the purpose of treatment to get similar travel concession. * Mega terminals to be built at Anand Vihar in Delhi and Chitpur in Kolkata to ease congestion. * Plan to install a device in trains to avoid collisions. * Un-reserved ticketing system to be extended. * Passenger traffic registers three per cent decline till the period up to December 2002. * Passenger traffic growth pegged at three per cent and freight growth by 25 million tonnes. * Year 2003-04 dedicated to the customers and declared as “Customer Satisfaction Year”. * National Rail Vikas Yojana launched for strengthening Golden Quadrilateral, rail connectivity to ports and construction of mega bridges. * Existing concessions to journalists in rail fares to be extended to Rajdhani and Shatabdi express trains * To strengthen Railway Protection Force; 3500 constables to be recruited * Track renewal of around 5400 km to be completed by the end of this year. * Jammu-Udhampur rail link targeted to be completed by March 2004 and the rail link upto Katra to be completed during 2004-05. * Additional funds of Rs 500 crore being provided for Udhampur-Srinagar-Baramula national project. |
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