View Articles

New Delhi

• No hike in passenger fare and freight rates.
• Highest ever Plan outlay of Rs. 57, 630 crore proposed for Railways.
• Rs. 9,583 crore provided for new lines.
• 1300 km new lines, 867 km doubling of lines and 1017 km gauge conversion targeted in 2011-12.
• 56 new Express Trains, 3 new Shatabdis and 9 Duronto trains to be introduced.

New Delhi: No hike in the passenger fare and freight rate has been proposed in the Railway Budget 2011-12. The Budget with highest ever plan outlay of Rs. 57,630 crore will have Rs. 9,583 crore for new railway lines and significant funds for passenger amenities.

New Delhi: The Annual Plan for the year 2011-12 of the Railways has been proposed at Rs.57,630 crore which is the highest ever plan investment by the Railways in a single year. Announcing this in the Parliament today, the Minister for Railways, Mamata Banerjee said the Plan is proposed to be financed through Gross Budgetary Support (GBS) of Rs.20,000 crore, diesel cess of Rs.1041 crore, internal resources of Rs.14,219 crore, market borrowings of Rs.20,594 crore.

New Delhi: Railways’ earnings are set to exceed the Rupees one lakh crore mark for the first time.

New Delhi: The Railways have fixed their Total Gross Earnings for 2010-11 at Rs. 94,742 crore, which is Rs. 177 crore higher than the budget. Stating this in her speech while presenting the Railway Budget for 2011-12, the Minister of Railways, Mamata Banerjee, informed the Lok Sabha that with the reduced traffic suspense clearance of Rs. 98 crore, Gross Traffic Receipts is higher than the budget target by Rs. 75 crore at Rs. 94,840 crore.

New Delhi

• Economy expected to grow at 8.6% in 2010-11 and 9 per cent in next fiscal

• Growth broad based with rebound in Agriculture, continued momentum in manufacturing and private services

• Fundamentals strong with Savings & Investments up, exports rising rapidly and inflation falling

• Agriculture likely to grow at 5.4% in 2010-11;

New Delhi: The Economic Survey tabled in the Lok Sabha here today by the Finance Minister, Shri Pranab Mukherjee, notes that the net capital flows at US$ 36.7 billion in April-September 2010 were higher vis-a-vis US$ 23.0 billion in April-September 2009. All components showed improvement with the exception of FDI and banking capital in the first half of 2010-11.

New Delhi: The Economic Survey tabled in the Lok Sabha here today by the Finance Minister, Shri Pranab Mukherjee says that India’s cumulative export growth in April-December 2010-11 stood at 29.5 per cent with cumulative exports reaching US $ 164.7 billion during this period. The exports continued to rise with exports rising at the rate of 13.6 per cent in 2008-09. Current indications are that India will not only achieve the target of US$ 200 billion but surpass it in 2010-11.

New Delhi: Economic Survey 2010-11 has suggested a Reform Agenda for India for overall growth of the economy.

New Delhi: IIP-based cumulative industrial output growth during April-December 2010 was 8.6 per cent, on a par with the growth rate of the corresponding months of the previous year, says the Economic Survey 2010-11 which was presented by the Union Finance Minister Shri Pranab Mukherjee in the Parliament today. As per the Survey, growth in the industrial sector was buoyant during the first two quarters (April-June, July-September) of the current financial year. Thereafter, industrial output growth has begun to moderate partly due to higher base effect.