We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

Salient Features of Rail Budget: 2012

Salient Features of Rail Budget 2012 are as appended below:

  • The Government will take extra care in security and safety of Indian Railways
  • Set up railway research and development council for safety
  • Stressing on modernization of Indian Railway
  • Modernization of 19000 KM Tracks across India
  • Focus on connecting Indian Railways to remote and backward area
  • Development of rail in North East region and J &K
  • Allotted 5 Lakh crore under Pradhan Mantri Rail Vikas Yojna
  • The Railway minister projected requirement of 14 Lakh Cr in 10 years. Railway contribution to GDP is currently at 1% which is expected to increase to 2% to 2.5%.
  • National policy of railways need to framed for better management of the Indian Railways.
  • Investment of Rs 60100 Cr to be invested in Indian Railway in FY-13
  • Rs 2000 Cr is allotted in building Railways Security Fund
  • Rs 1 Lakh Cr allotted for 487 project in railway gauging
  • The Government sees 12th  five year plan expense on railway to be at 7.35 Lakh Cr
  • Reduction of Delhi Kolkata Rajhdani from 17 to 14 hr
  • 50,000 people to get employed in creating new station
  • In next 5 years 100 station to be modernize through  PPP model
  • To set up Coach maintenance factory in Navi Mumbai
  • Adding 1500 Coaches to Mumbai local train, capacity to be increased by 35%
  • Separate corridor for Goods wagon
  • To set up coach factory one each in Gujarat and Karnataka
  • To set up one goods wagon factory in Odisha
  • To set up 3 training center for disaster management
  • Mumbai harbor line coaches to be increased from 9 to 12
  • Special coaches for disable people
  • Foreign companies will be invited for catering service contract in Indian Railway
  • Housekeeping unit for cleanliness will be created
  • 100 station to be developed on the model of airport
  • 2500 toilets to be converted to bio-toilets till 2013
  • 75 new express train and 21 new passenger train to be flagged
  • 50 new train for Kolkata metro
  • Indian railway station development council to be formed
  • Dividend reduced from 6% to 5% in FY 12
  • Annual Plan for Railways for 2012-13 put at highest ever at Rs 60,100 crore
  • Target to bring down the operating ratio, which is at the moment 95 per cent, to 84.9 per cent in 2012-13 and to 74 per cent in terminal year of 12th five year plan
  • Freight earnings seen at Rs 89,339 crore
  • Wait listed passengers to get alternate train reservations
  • Increase by 30% on expense and management  of signaling device
  • Increase in platform ticket price from Rs 3 to Rs 5.

Check out Railway Budget 2012 and how it has created a furore. Also check out how Railway Budget affects Indian stock market and its position in world.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9