Railway Minister Mamata Banerjee announced a slew of measures, including the development of fifty world class stations and introducing double decker AC trains for inter-city travel, and left train fares and freights rates unchaged in the Railway Budet for 2009-10. She also announced a host new railway projects and new trains for her home state West Bengal.

Railway Stocks
Company BSE Chg (%)
BEML 1010.6 -6.58%
Texmaco 114.45 -4.98%
Stone India 47.15 5.96%
Kalindee Rail Nirman 212.4 -4.99%
Container Corp 1001.55 3.10%
Kernex Microsystems 127.3 -3.34%
Titagarh Wagons 417.35 -5.00%

Railway Budget 2009-10: Key Highlights:

* No increase in passenger fare and freight tariff
* Budget to have inclusive growth and expansion of railway network to every corner of the country
* Plan outlay of Rs 40,745 cr. Proposed for 2009-10
* Passenger amenities get high priority, to get 119% increase
* Traffic receipts during 2008-09 increase by 11.4 % while freight loading grew @ 5%
* Special trains for perishable farm produce, facilities for transportation of rural craft
* Works for 7 new lines, gauge conversion of 17 lines and doubling of 13 lines to be taken up
* Faster parcel services proposed on three routs
* Tatkal scheme to be made passenger friendly
* Railway tickets to be made available through post offices and ‘mushkil aasaan’ mobile vans
* Concession for press persons increased to 50%
* Monthly ticket of Rs 25 for unorganized sector/poor under ‘izzat’ scheme
* “Only ladies’ emu trains at delhi, kolkata and chennai
* ‘Yuva trains’ from rural hinterland to metros at concessional fare
* 12 new point-to-point ‘turanto’ trains
* 57 new trains, extension of 27 trains and increase in frequency of 13 trains and air-conditioned double-decker trains proposed
* 50 stations to be upgraded to world class stations
* Long distance trains to have on-board doctors and infotainment services
* Handicapped and aged persons to have more amenities
* Special trains to ferry perishable agro products and rural handicrafts
* Special fund for the development of north east railway
* Quazigund-anantnag line to be completed by next month
* 6,560 railway staff quarters to be constructed and group ‘d’ employees to get scholarships for their girl child
* Railways to come out with while paper on financial status and vision-2020 document

source: Business-Standard

Tags: 2009 railway budget 2009, host railyway stocks, railway budget stocks, railway stocks

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