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Highlights of Rail Budget 2013

New Delhi, Feb 26: India TV Business brings you complete coverage on the Railway Budget 2013. Here are major points Railway minister Pawan Bansal mentioned in his Rail Budget speech:* 22 new lines to be

India TV Business Desk [ Updated: February 26, 2013 14:21 IST ]
highlights of rail budget 2013
highlights of rail budget 2013

New Delhi, Feb 26: India TV Business brings you complete coverage on the Railway Budget 2013. Here are major points Railway minister Pawan Bansal mentioned in his Rail Budget speech:

* 22 new lines to be taken up in 2013-14

 


* Superfast and Tatkal charges to rise

* 9 EMUs to be introduced

* Deregulation of diesel prices and hike in electricity tariff to result in a burden of Rs 5,100 crore in 2013-14.

* New debt service fund to be set up

* Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan

* Operating ratio of 88.8 percent achieved

* Marginal increase in cancellation, reservation charges

* Dividend reduced from 5 to 4 percent

* Electrification of 1,200 km to be completed this year

* 72 additional suburban services in Mumbai and 18 in Kolkata

* Run of 58 trains proposed to be extended

* 27 new passenger trains to be introduced

* 5 per cent average increase in freight
   
* New debt service fund to be set up

* Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan

* Operating ratio of 88.8 percent achieved

* Dividend reduced from 5 to 4 percent

* Electrification of 1,200 km to be completed this year

* 72 additional suburban services in Mumbai and 18 in Kolkata

* No increase in passenger fares

* Rs.6,600 crore increase in earnings from fare adjustment in January

* Rs.63,000 crore investment in 2013-14

* 1,047 million tonnes freight loading estimated during 2013-14

* Passenger earnings of Rs 42,000 crore estimated in 2013-14

* India in 1 billion tonne freight club

* Locomotive cabs to be air-conditioned

* 1.51 lakh vacancies to be filled up   

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