Railways Budget: Railway Fare Not To Increase



22rail7Railway Budget 2010 is unlikely to see a revision in the rates, for the seventh year in a row. Railway Minister Mamata Banerjee is once again set to reach out  to reach out to the general public with populist measures. The Budget may have many things new, including additional trains and innovative schemes to corner more freight traffic from the road, Rail Bhavan sources said. With elections round the corner in Bihar and West Bengal, Banerjee is unlikely to touch passenger fares though she is under pressure to review them, which have not seen upward revision for the last seven years.

Banerjee might rationalise freight rates and come up with new schemes  to compete with road transport while leaving the loading rates of essential commodities like food grains untouched. As of now, more than 70 per cent of the freight traffic movement happen through highways.

Railway Budget will also contain proposals for introduction of more trains including about a dozen Duronto non-stop trains, a couple of Janshatabdis in southern states, and a number of new services for West Bengal.With frequent train accidents becoming a major concern for railways, she is likely to announce enhanced budgetary allocation to address the problem. Banerjee had met Finance Minister Pranab Mukherjee in this regard. Two of the safety measures that will be used include Train Protection Warning System in certain congested route and implementation of Anti-Collision Device. Improving passenger amenities in stations and onboard trains, tightening security measures which include establishment of a special all-woman force would also be a moot point in the Railway Budget 2010



Related posts:

  1. Budget 2010 Price Rise: Goods Whose Prices Will Rise
  2. Income Tax Budget 2010, Income Tax Slabs Budget 2010
  3. Opposition React Badly to Budget 2010, Opposition Walks Out
  4. Jyoti Basu is dead
  5. Budget 2010-2011 Snapshot, Pranab Mukherjee 2010-11 Budget proposal
  6. Tagore Paintings Sold for £1.6 million Price
  7. Direct Tax Code to Replace Income Tax Act in April 2011
  8. How to Understand Road Signs
  9. Rahul Gandhi’s Mumbai Visit A Sucess: Rahul Gandhi Wins Hearts
  10. Real Life Ghost Stories in India


Tags:

Posted by Starwin on 23rd February, 2010


Comments






Get the Latest Finance Updates to your Email:


More Related Posts

Facebook IPO
34 views
Sharpe Ratio – Formula, Calculator, Definition, Example
39 views
Bank Transfer Day-Facebook, Impact
4 views
Best Cyber Monday Deals-2011
7 views
Black Friday or Cyber Monday-which is better?
53 views
Groupon IPO-Date, Price, News, Filing
10 views
Direct Loans Servicing
10 views
Maxim Healthcare Services Scam-$150 Million
21 views
Can one spouse file bankruptcy?
5 views
Average Car Insurance Rates by Car, State
15 views
Car Insurance for a Month
4 views
Term Life Insurance No Medical Exam
31 views
Causes of the Great Depression, Timeline, Pictures
270 views
Mutual Fund Expense Ratio
52 views
Cheap Dental Insurance for College Students
152 views
Can I use Spouse Health Insurance When Unemployed?
25 views
How to file Bankruptcy in Maryland
30 views
How to Apply for Credit Report in India?
28 views
What is the meaning of Base Rate?
1,004 views
Benefits of Investing in Gold
24 views
No More Teaser-Rate Loans
34 views
Cheap Auto Insurance in Florida, Quotes and Requirements
32 views
Michigan auto insurance, Michigan Insurance Only
16 views
Make Money with Structured Settlements
21 views
Unsecured Debt Consolidation Loans for Bad Credit
64 views

© 2010 Kraran..All Rights reserved. The Content is copyrighted to Kraran Inc and may not be reproduced on other websites. Sitemap . Privacy Policy