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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Railway Budget is one of the key tools for the government to connect
itself to the “AAM AADMI” on account of the mass connect. The
forthcoming railway budget is expected to be more populist in nature
despite lower than expected growth in freight traffic (756 Mt (Million
tones) during 10mFY11 against FY11 BE (Budget estimate) of 944 Mt)
The lower growth on freight traffic is on account of lesser loading of
iron ore due to restriction imposed by the state government
Karnataka). The rail budget is likely to follow the populist theme on
account upcoming state elections.
Exhibit 1: Key Highlight Railway Budget 2010-11
94 stations to be upgraded as Adarsh Stations
Aquisition of 18000 wagons.
10 stations identified to be converted as World Class Stations
Construction of 93 Multi Functional Complexes
Multi-level parking through PPP route
SMS updates of reservation status and punctuality of trains to passengers
SMS updates on the movement of wagons to freight customers.
RFID technology for tracking of wagons
Introduction of e-ticket based mobile vans for issuing tickets.
To modernize and augment the capacity of CLW to 275 locomotives.
Wagon repair shop to be set up at Badnera.
A new Rail Axle Factory to be set up in New Jalpaiguri under PPP/JV mode
A new MLR workshop of 250 coach capacity to be set up at Anara (Adra).
To set up a refrigerated container factory on PPP mode at Budge Budge.
Centres of Excellence in Wagon Prototyping to be set up at Kharagpur Workshop
54 new train services to be introduced.
To Start 28 new passenger train services, 9 MEMU and 8 DEMU services
Extension of 21 trains and increase in frequency of 12 trains
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Railway Budget is one of the key tools for the government to connect
itself to the “AAM AADMI” on account of the mass connect. The
forthcoming railway budget is expected to be more populist in nature
despite lower than expected growth in freight traffic (756 Mt (Million
tones) during 10mFY11 against FY11 BE (Budget estimate) of 944 Mt)
The lower growth on freight traffic is on account of lesser loading of
iron ore due to restriction imposed by the state government
Karnataka). The rail budget is likely to follow the populist theme on
account upcoming state elections.
Exhibit 1: Key Highlight Railway Budget 2010-11
94 stations to be upgraded as Adarsh Stations
Aquisition of 18000 wagons.
10 stations identified to be converted as World Class Stations
Construction of 93 Multi Functional Complexes
Multi-level parking through PPP route
SMS updates of reservation status and punctuality of trains to passengers
SMS updates on the movement of wagons to freight customers.
RFID technology for tracking of wagons
Introduction of e-ticket based mobile vans for issuing tickets.
To modernize and augment the capacity of CLW to 275 locomotives.
Wagon repair shop to be set up at Badnera.
A new Rail Axle Factory to be set up in New Jalpaiguri under PPP/JV mode
A new MLR workshop of 250 coach capacity to be set up at Anara (Adra).
To set up a refrigerated container factory on PPP mode at Budge Budge.
Centres of Excellence in Wagon Prototyping to be set up at Kharagpur Workshop
54 new train services to be introduced.
To Start 28 new passenger train services, 9 MEMU and 8 DEMU services
Extension of 21 trains and increase in frequency of 12 trains
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