Showing posts with label Indian Economy. Show all posts
Showing posts with label Indian Economy. Show all posts

Tuesday, April 12, 2011

New Trains Proposed in Rail Budget 2011-12

New Trains Proposed in Rail Budget 2011-12

Duronto Express:
1. Chennai – Thiruvananthapuram AC Exp. (Bi-weekly)
2. Mumbai – Allahabad AC Exp. (Bi-weekly)
3. Chennai – Madurai AC Exp. (Bi-weekly)
4. Mumbai Central – Delhi AC Exp. (Bi-weekly)
5. Ahmedabad – Pune AC Exp. (Bi-weekly)
6. Secunderabad-Visakhapatnam AC Exp. (Tri-weekly)
7. Nizamuddin- Ajmer non-AC Exp. (Bi-weekly)
8. Sealdah-Puri non-AC Exp. (Tri-weekly)
9. Shalimar-Patna AC Exp. (Tri-weekly)

Double Decker AC Trains :
1. Mumbai – Ahemedabad AC Double Decker
2. Delhi – Jaipur AC Double Decker

Shatabdi Express Trains:
1. Jaipur – Agra Shatabdi Express
2. Pune – Secunderabad Shatabdi Express
3. Delhi – Ludhiana Shatabdi Express

Vivek Express Trains:
1. Bandra(Terminus)-Jammu Tawi – Vivek Express via Marwar-Degana-Ratangarh-Jakhal-Ludhiana. (Weekly)
2. Dibrugarh -Thiruvantharam-Kanyakumari – Vivek Express via Kokrajhar. (Weekly)
3. Howrah-Mangalore Vivek Express via Palghat. (Weekly)
4. Dwarka-Tuticorin Express via Wadi (Weekly)

Kavi Guru Express Trains:
1. Howrah-Azimganj Kavi Guru Express (Daily)
2. Guwahati-Jaipur Kavi Guru Express (Weekly)
3. Howrah-Bolpur Kavi Guru Express (Daily)
4. Howrah – Porbandar Kavi Guru Express (Weekly)

Rajya Rani Express Trains:
1. Sawantwadi Road-Mumbai Express (Daily)
2. Saharsa-Patna Intercity Express (Daily)
3. Meerut-Lucknow Intercity Express (Daily)
4. Mysore-Bangalore Express (Daily)
5. Damoh-Bhopal Intercity Express (Daily)
6. Silghat-Dhubri Intercity Express (Tri-weekly via Guwahati-Kokrajhar-Jogighopa)
7. Bankura-Howrah Express (Tri-weekly)
8. Nilambur Road-Thiruvananthapuram Link Express (Daily)
9. Jharsuguda-Bhubaneswar Express (Tri-weekly)
10. Manmad-Mumbai Express (Daily) via Nasik

Janam Bhoomi Gaurav Trains:
1. Howrah-Bolpur-Rajgir (Nalanda)-Pataliputra (Patna)-Varanasi (Sarnath)-Gaya-Howrah
2. Bangalore-Mysore-Hassan (Space Facility, Belur, Halebid, Shravanbengola)-Hubli-Gadag(Hampi)-Bijapur (Gole Gumbaz)-Bangalore
3. Chennai-Puduchcheri-Tiruchichirappali-Madurai-Kanniyakumari-Thiruvananthpuram-Ernakulam-Chennai
4. Mumbai-Ahmedabad-(Lothal)-Bhavnagar (Palitana)-(Alang)-Gir-Diu (Somnath-Veraval)-(Junagarh)-Rajkot-Mumbai

Passenger Trains:
1. Delhi-Garhi Harsaru –Farukhnagar Passenger (Daily)
2. Kendujhargarh-Bhubaneswr Fast Passenger (5 days a week)
3. Koraput – Bolangir – Sambalpur Passenger (Daily)
4. Barkakhana-Dehri-on-Sone Passenger (Daily)
5. Jodhpur-Hissar Fast Passenger (Daily)
6. Tirupati – Guntakal Passenger (Daily)
7. Coimbatore-Mettupalayam Passenger (6 days a week)
8. Bhuj-Palanpur Passenger (Daily)
9. Silghat-Chaparmukh Passenger (Daily)
10. Siliguri-Dinhata Passenger (Daily)
11. Abohar-Fazilka Passenger (Daily)
12. Bilaspur-Katni Passenger (Daily)
13. Raipur-Korba Passenger (Daily)

Express Trains :
1. Raebareli-Jaunpur Express (Daily).
2. Tirupati-Amravati Express (Bi-weekly) via Akola, Nizamabad, Gooty, Dharmavara.
3. Asansol-Gorakhpur Express (Weekly) via Chhapra, Siwan.
4. Nagpur-Kolhapur Express (Bi-weekly) via Kurduwadi, Lathur road, Purna, Akola.
5. Malda Town-Digha Express (Weekly) via Rampurhat.
6. Pune-Nanded Express (Weekly) via Latur.
7. Visakhapatnam-Koraput Intercity Express (5 days a week) via Vizianagra.
8. Howrah-Secunderabad Express (Weekly) via Kharagpur
9. Hyderabad-Darbhanga Express (Weekly) via Muri-Jharsuguda-
10. Howrah-Tirupati Express (Weekly)
11. Narsapur-Nagarsol Express (Bi-weekly) via Secunderabad, Nizamabad
12. Puri-Shalimar Express (Weekly)
13. Ranchi-Pune Express (Bi-weekly) via Bilaspur
14. Mumbai-Chandigarh Express (Weekly) via Phulera-Ringus-Gurgaon-Kurukshetra
15. Bardhaman-Rampurhat Express (Tri-weekly)
16. Bikaner-Delhi Superfast Intercity (Daily) via Ratangarh
17. Shalimar-Udaipur Express (Weekly) via Katni, Kota
18. Chennai-Shirdi Express (Weekly) via Bangalore
19. Coimbatore-Tuticorin Link Express (Daily)
20. Howrah-Mysore Express (Weekly) via Gondia, Adilabad
21. Yesvantpur-Mysore Express (Daily)
22. Digha-Visakhapatnam Express (Weekly)
23. Mysore-Chennai Express (Weekly)
24. Ahmedabad-Yesvantpur AC Express (Weekly) via Hubli, Bijapur
25. Bhavnagar-Kochuvelli Express (Weekly) via Panvel, Madgaon
26. Gorakhpur-Yesvantpur Express (Weekly) via Faizabad, Kanpur, Bhopal ,Kacheguda
27. Bhuj-Dadar Express (Bi-weekly)
28. Kolkata-Ajmer Express (Weekly) via Asansol
29. Jabalpur-Indore Intercity Express (Tri-weekly) via Guna, Bina
30. Porbander-Kochuveli Express (Weekly) via Panvel, Madgaon
31. Kolkata-Agra Express (Weekly) via Kasganj, Mathura
32. Lucknow-Bhopal Express (Weekly)
33. Varanasi-Singrauli Intercity Express (Daily)
34. Nagpur-Bhusawal Express (Tri-weekly) via Itarsi-Khandwa
35. Puri-Gandhidham Express (Weekly) via Durg
36. Howarh-Visakhapatnam Express (Weekly)
37. Guwahati-Dimapur Express (Daily)
38. Howrah-Darbhanga Express (Weekly)
39. Vasco-Velankani Express (Weekly)
40. Bilaspur-Ernakulam Superfast (Weekly)
41. Digha-Puri Express (Weekly)
42. Jodhpur-Delhi Express (Bi-weekly) via Degana, Ratangarh
43. Kharagpur-Viluppuram Express (Weekly) via Vellore
44. Udaipur-Bandra (T) Express (Tri-weekly)via Ratlam
45. Purulia-Viluppuram Express (Weekly) via Midnapore, Kharagpur, Vellore
46. Asansol-Gonda Express (Weekly) via Chhapra, Mau, Shahganj, Ayodhya
47. Delhi-Puducherry Express (Weekly)
48. Asansol-Tatanagar Express (Tri-weekly) via Purulia
49. Indore-Kota Intercity Express (Daily) via Ruthiyai
50. Bhagalpur-Ajmer Express (Weekly)
51. Howrah-Jaisalmer Express (Weekly) via Rae Bareli, Ratangarh, Lalgarh
52. Ernakulam-Bangalore Express (Weekly)
53. Mangalore-Palghat Intercity Express (Daily)
54. Varanasi-Ahmedabad Express (Weekly) via Ajmer
55. Howrah-Nanded Express (Weekly)
56. Hardwar-Ramnagar Link Express (Tri-weekly)

Diesel-Electric Multiple Unit (DEMU) Trains Services: 
1. Gondia-Ballarshah
2. Vasai road-Diva
3. Ratlam-Neemuch
4. Ratlam-Chittaurgarh
5. Sealdah-Jangipur
6. Ahmedabad-Patan
7. Bangalore Cantt-Bangarpet
8. Dharmapuri-Bangalore
9. Marikuppam-Bangarpet
10. New Jalpaiguri – Balurghat
11. Falaknuma-Medchhal
12. Mriyalguda-Nadikudi
13. Kacheguda-Raichur
14. Raichur-Gadwal
15. Radhikapur-New Jalpaiguri
16. Jalna-Nagarsol
17. Nizamabad-Secunderabad
18. Kacheguda-Mriyalguda
19. Baripada-Bangariposi
20. Sealdah-Bhagwangola-Lalgola
21. Kolar-Bangalore
22. Krishnanagar-Behrampore Court

Mainline Electrical Multiple Units (MEMU) Train Services :
1. Ranchi-Asansol
2. Ernakulam-Kollam (via Alappuzha)
3. Vasi Road-Panvel
4. Bangarpet-Koppam
5. Falaknuma-Bhongir
6. Midnapore-Jhargram
7. Kollam-Nagercoil
8. Jhargram-Purulia

The run of the following trains have been proposed to be extended: 
1. Chhindwara-Gwalior Express to Delhi (11101/11102)
2. Jhansi-Chhindwara Express to Delhi (11103/11104)
3. Udaipur-Gwalior Express to Khajuraho (12965/12966)
4. Solapur-Gadag Express to Hubli (11423/11424)
5. Jabalpur-Nagpur Express to Amravati (12159/12160)
6. Nizamuddin-Bapudham Motihari Express to Muzaffarpur (12211/12212)
7. Jammu Tawi-Sonpur Express to Muzaffarpur (12491/12492)
8. Lucknow-Allahabad Express to Vindhyachal (14209/14210)
9. Chandigarh-Jaipur Garib Rath Express to Ajmer (12983/12984)
10. Indore-Ajmer Express to Jaipur (19655/19656)
11. Lucknow-Saharanpur Express to Chandigarh (15011/15012)
12. Chennai Egmore-Nagore Express to Karaikal (16175/16176)
13. Visakhapatnam-Nizamabad Express to Nanded (18509/18510)
14. Sambalpur-Nizamabad Express to Nanded (18309/18310)
15. Mysore-Shimoga Town Express to Talguppa (16205/16206)
16. Valsad-Vadodara Express to Dahod (12929/12930)
17. Surat-Bhavnagar Express to Mahuva (19025.19026)
18. Sultanpur-Ajmer Express to Ahmedabad (19603/19604)
19. Ajmer-Kishanganj Express to New Jalpaiguri (19601/19602)
20. Mumbai-Allahabad Express to Faizabad via Jaunpur, Shahganj (12563/12564)
21. Yesvantapur-Mangalore Express to Karwar (16515/16516)
22. Saharanpur-Delhi to Farukh Nagar (14546/14545)
23. Lucknow-Bhopal Express to Pratapgarh (12183/12184)
24. Delhi-Shahjahanpur Passenger to Sitapur Cantt. (54075/54076)
25. Moradabad-Chandausi Passenger to Bareilly (54311/54312)
26. Hajipur-Phulwaria Passenger to Bathua Bazar (55221/55222)
27. Hajipur-Thawe Passenger to Kaptanganj (55007/55008)
28. Nagercoil-Thiruvanthapuram Passenger to Kochuvelli (56318/56317)
29. Hyderabad-Wadi Passenger to Gulbarga (57135/57136)
30. Hubli-Bijapur Passenger to Solapur (56909/56910)
31. Nagda-Kota Passenger to Ratlam (59803/59802)
32. Ambala-Una DEMU to Amb Andaura (74991/74992)
33. Ambala-Amritsar DEMU to Kurukshetra (74645/74646)

Highlights of Rail Budget 2011-12


Highlights of Rail Budget 2011-12

Union Railway Minister Mamta Banerjee on February 25, 2011 presented her third consecutive railway budget in the Parliament. Budget, having theme ‘Aam Aadmi’ proposes no hike on passenger fares and freight rates.



BUDGET HIGHLIGHTS:
● No increase in passengers fares or freight rates.
● Earnings for 2010-11 set to exceed Rs. 1 lakh crore.
● Working expenditure during 2011-12 estimated at Rs. 87,000 crore.
● Outlay of Rs. 57,630 crore for 2011-12, the highest investment in one year.
● Rs. 10,000 crore to be raised through railway bonds.
● Budget combines strong economic focus with inclusion.
● Will develop business-oriented policies to aid industry.
● 85 public-private partnership proposals received.
● Single-window system to take the forward.
● Decided to set-up rail-based industries.
● Passing through a difficult phase.
● 97 per cent increase in expenditure in 2010-11 due to implementation of Sixth Pay Commission report.
● Loss of Rs. 3,500 crore in 2010-11.
● Ten-year backlog of 1•75 lakh jobs being addressed; 16,000 ex-servicemen to be given jobs in railways.
● Safety first priority; accident rate has come down.
● Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways.
● Railways always been a soft target but law and order a state subject. If railways are blocked in one region, this has a snowballing effect in other parts of the country.
● Will add 180 km of rail lines in 2011-12.
● All-India security helpline set up.
● Centre for excellence in software to be set up at Darjeeling.
● Fund to be created for socially desirable projects.
● Rail linkage to Gujarat from Delhi-Mumbai freight corridor.
● Integrated suburban network to be set up in Mumbai, Chennai, Ahmedabad and other cities; suburban system of Hyderabad to be strengthened.
● Mumbai suburban system’s EMU coaches to be increased from 9 to 12.
● Pradhan Mantri Rail Vikas Yojana to be launched.
● Industrial park to be set up in Nandigram, West Bengal.
● Railways to set up factory in Jammu and Kashmir.
● To set up Metro coach factory at Singur, West Bengal.
● Work on upgrading 442 stations to be completed by March 31.
● Work on wagon factory in Orissa to begin after land is acquired.
● Manipur capital Imphal to be soon connected to railway network.


Highlights of Economic Survey 2010-11


Highlights of Economic Survey 2010-11

Following are the highlights of Economic Survey for the fiscal year 2010-11, presented in Parliament on February 25, 2011 by the Finance Minister Mr. Pranab Mukherjee :

● Economy to grow at 8•6% in 2010-11 and 9% in the next fiscal 2011-12.
● Gross Fiscal Deficit stands at 4•8 per cent of GDP in 2010-11 down from 6•3 per cent last year.
● Agriculture to grow at 5•4% in 2010-11, showing 14•2% share in real GDP in 2010-11
● Inflation expected to be 1•5% higher than what it would be if the economy were not on growth path.
● Economy sees broad-based growth; rebound in farm and continued momentum in manufacturing, private services.
● Fundamentals strong with growing savings and investments, rapid rise in exports.
● Industrial output grows by 8•6 per cent; manufacturing sector registers 9•1 per cent.
● Exports in April-December 2010 up 29•5 per cent; imports up 19 per cent.
● Trade gap narrowed to US $ 82•01 billion in April-December 2010.
● Food inflation, higher commodity prices and volatility in global commodity markets cause of concern.
● Inflation continues to be high; need to monitor emerging trends in inflation on a sequential monthly basis.
● To check food inflation, the government should improve delivery mechanisms by strengthening institutions and addressing corruption.
● Savings rate has gone upto 33•7 per cent, while the investment rate is up at 36•5 per cent of GDP.
● Rising food inflation underlines need for larger investment in farming, enroute to 2nd Green Revolution.
● Net bank credit grows by 59 per cent.
● Social programme spending stepped up by 5 percentage points of GDP over past 5 years.
● Production of foodgrains estimated at 232•1 mn tonnes.
● Forex Reserves estimated at US $ 297•3 billion.
● Accelerated investments needed in infrastructure to address delays, cost overruns, regulatory impediments.
● Telecom sector did exceedingly well; role of services sector as the potential growth engine laudable.
● Policies needed to promote new areas such as accounting, legal, tourism, education, financial and other services.

Union Budget 2011-12 Highlights

Union Budget 2011-12 Highlights


Finance Minister Mr. Pranab Mukherjee on February 28, 2011 presented the Union Budget 2011-12 in the Parliament.

● Fiscal deficit target at 4•6% for 2011-12, down from 5•1% estimated for 2010-11.
● Government expects economy to grow at 9% in 2011-12.
● Government debt : About 44•2% of GDP, well below Finance Commission target.
● Expenditure up 3% at Rs. 12•58 lakh crore in 2011-12.
● Gross tax receipt at Rs. 9•3 lakh crore.
● Personal tax rates : Minimum exemption raised to Rs. 1,80,000 from Rs. 1,60,000.
● Windfall for seniors : For those above 80 (known as very senior citizens) income up to Rs. 5,00,000 free from tax.
● Senior citizen age entitlement cut from 65 to 60, entitled income upto Rs. 2,50,000 free from tax.
● Women tax payers tax free income raised to Rs. 1,90,000.
● Direct Taxes Code implementation from April 1, 2012.
● Rs. 30,000 crore tax-free bonds this year; exemptions for individual investors extended by one more year.
● Housing interest rate becomes cheaper with ceiling hiked from Rs. 20 lakh to Rs. 25 lakh.
● Service tax rate retained at 10 per cent.
● Service tax on medical treatment in mid and large hospitals (above 25 beds).
● No change in fuel prices.
● Inflation to ease next year.
● IT surcharge : Reduced to 5% from 75% but MAT hiked to 18•5% from 18%.
● Air travel : Costlier by Rs. 50 –250 with hike in service tax.
● Excise duty unchanged at 10 per cent.
● 130 items brought under central excise.
● Iron ore export duty hiked to 20 per cent.
● Auto parts : Duty concession on import of batteries of electric vehicles and critical parts/assemblies of hybrid vehicles.
● 10% unified rate of excise duty on readymade garments.
● ‘Nutrient-based’ subsidy scheme for urea makers to be considered.
● Fertilisers : Investment in new fertiliser plants gets tax concession.
● Self-assessment scheme for Customs duty payments.
● Goods and Services Tax may come in 2011-12.
● Disinvestment adds 50 lakh new retail investors.
● Disinvestment to raise Rs. 40,000 crore.
● Mutual funds can accept foreign money.
● Foreign investors may directly invest in mutual funds.
● Corporate bonds : FII limit hiked for both infrastructure and other categories.
● Reducing edible oil imports.
● Rs. 18,000 crore for RIDF-XVII.
● More funds for micro and small units.
● Relief for indebted handloom weavers.
● Boost to rural housing.
● Mortgage Risk Guarantee Fund for providing credit to weaker section.
● Funds for Self-sufficiency in pulses.
● More mega food parks.
● Anganwadi worker’s salaries doubled.
● Rs. 500 crore to National Skill Development Fund.
● Insurance for unorganised sector workers in hazardous mining and associated industries.
● Rs. 400 crore for bringing green revolution in the east.
● Defence allocation raised 11•6% to Rs. 1•64 lakh crore.