Railway Budget 2009, Latest updates, Budget Highlights

Posted by Shwetha M R No Commented Friday, July 3rd, 2009

Category: India News

railway(1)Railway Budget 2009-2010 Highlights

All Indians are eagerly waiting for the announcement of railway budget 2009 by their Union Railway Minister Mamata Banerjee on today. This budget presentation is Mamata’s third Rail Budget presentation. She was presented her last budget nine years ago under Vajpayee’s NDA government.

People is expecting better improvement from this railway minister than the previous railway minister Lalu Prasad Yadav who has left behind an amount of Rs. 90000 crore as cash remainder. Now a days recession heavily effect railways which depend heavily on freight for its revenues, so the people hope that this new budget will take steps to overcome this recession.

Railway Minister Mamata Banerjee told the reporters that she will present a pro-people budget, a simple budget and people’’s budget of this year. Nominal passenger fare revision, incentives on freight transport, enhanced funding for security and seasonal passes for vendors at Rs 20 are likely to be the highlights of this budget.

The highlights of the rail budget for the current fiscal presented by Railway Minister Mamata Banerjee in the Lok Sabha on Friday:

  1. 50 world class stations to be developed on public private partnership model
  2. 309 out of 375 stations will be developed with modern facilities
  3. 50 stations at tourist, religious places to have integrated facilities
  4. Infotainment facilities on Rajdhani Express for long distance passengers
  5. Unreserved ticketing systems to be expanded from 5,000 to 8,000 terminals
  6. Passengers can now buy tickets at 5,000 post offices
  7. Air-conditioned double-decker trains for inter-city travel
  8. SMS updates for wait-listed passengers
  9. 200 automatic vending machines at key stations for selling tickets

Rail Budget 2009 highlights: 50 world-class stations

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