Railway Budget 2009-10 | Rail Budget 2009 New Trains

Presenting the Railway Budget for 2009-10 in Parliament today, Minister of Railways Mamata Banerjee announced that there will be no Railway Budget increase in passenger fare and freight tariff. She said that the budget will have approach for 'inclusive growth' and expansion of rail network to take development to every corner of the country.

Presenting the railway budget she proposed an outlay of Rs 40,745 cr. for 2009-10. Out of this, Rs 2,921 cr. will be spent on new lines, Rs 1,750 cr on gauge conversion and Rs 1,102 cr. on passenger amenities, which is 119% more than the allocation in the interim budget Rs 424 cr will also be spent on railway staff amenities. She proposed freight loading target of 882 MT and estimated gross freight receipt at Rs.88,419 cr.

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