News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 20 years ago
Rediff.com  » Business » Rail Budget to unveil common man's Rajdhani

Rail Budget to unveil common man's Rajdhani

Source: PTI
Last updated on: January 30, 2004 09:04 IST
Get Rediff News in your Inbox:

Introduction of new trains including a Jan Sadharan Express -- the common man's version of Rajdhani Express -- and announcement of fresh gauge conversion projects are expected in the interim Rail Budget to be presented in the Lok Sabha on Friday.

The Jan Sadharan Express will be a non-stop superfast train between two stations.

This will be in line with Rajdhanis, Shatabdis, Jan-Shatabdis, Rail Bhavan sources said, adding that the new trains will have cent per cent second class coaches.

On an experimental basis such a train was introduced between Patna and New Delhi earlier this month.

Also Read


India's New Rajdhani


The Lure of the Deccan


Nine new proposals, including six new lines and three gauge conversion projects worth Rs 2,000 crore (Rs 20 billion) as approved by the Cabinet Committee on Economic Affairs last week, would also be included in the budget.

There were three projects relating to gauge conversion and laying of new lines and electrification approved by the CCEA, chaired by Prime Minister Atal Bihari Vajpayee and were likely to be included in the interim-Budget proposals.

The projects would cover states like Uttar Pradesh, Bihar, Andhra Pradesh, Jammu and Kashmir, Karnataka, Tamil Nadu and Delhi, official sources said.

The minister is also expected to announce part reversal of the rationalisation of the freight rate in the current Budget.

The minister's effort would be to enhance the revenue through freight rate and loading, the sources said.

In the current year, according to the Railway Board appraisal, the shortfall in revenue from freight earnings is expected to be around Rs 800 crore (Rs 8 billion), whereas savings is expected to be in the order of Rs 1,440 crore (Rs 14.40 billion).
 
"This means the Railways, as in the past, will end up with surplus and not in deficit, he said and added that there won't be any hike in passenger and freight fares.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!