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Wednesday 24 February, 2010

Rail Budget 24-02-2010

To arrange funds for long term plans.
Plans Indian Railways To Tap Private Capital
State Bank of India to Raise 400 Billion Rupees in Next 5 Years
Indian railways plans to complete 1,000 route km in one year
Railways not to be privatized Major jump being planned to complete 1000 km of new railway lines in one year Will involve all railway unions in development New business models with public-private partnership need
117 new trains will be flagged off by March 31 Multilevel parking complex through PPP route will benefit Simplex Projects. Positive for the stock, but low volume counter.
Indian Railways Plans To Start Six Water Bottling Plants India Rail Task Force to Clear Investment Proposals in 100 Days
Railway not to increase freight tariff India Rail Aims to Build 25,000 Route Kilometers by 2020
India Rail Task Force to Clear Investment Proposals in 100 Days
101 secondary hospitals and multi functional hospitals with AIIMS and Vellore to be set up To acquire 80,000 new wagons
Proposed Rabindra museum at Howrah, Geetanjali museum 
To introduce 54 new trains in FY11
Service charge on AC Class cut to Rs20 from Rs40
To Cut freight on foodgrains, kerosene by Rs100/wagon To set up 10 auto Ancillary hubs in PPP model
To launch 10 more Duranto trains
To sign pact for Western Corridor next month
To beat FY10 freight target by 8 MT


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