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Just got after a long work and checked my portfolio specifically for the Railway stocks that i recommended before the railway budget .None of them are in green everything came down today .That itself tells us that there is nothing in this budget for wagon making or any other railway stocks so we will see what is this year highlights.
2009-2010 Railway Budget Highlights
> There is no change in Fare and Freight rates , so good for people and company
> Expansion of railway network to every corner of the country.
> Proposed plan of RS.40,745 CR for outlay.
> Tatkal to be made passenger friendly .
> Faster parcel service in three main routes.
> Railway ticket to be available through post office.
> Railway concession for Press persons is 50 % now.
> Only Ladies Train – AT DELHI, KOLKATA AND CHENNAI
> 12 NEW POINT-TO-POINT ‘DURANTO’ TRAINS
> 57 NEW TRAINS, EXTENSION OF 27 TRAINS AND INCREASE IN FREQUENCY OF 13 TRAINS
AND AIR-CONDITIONED DOUBLE-DECKER TRAINS PROPOSED .
> 50 STATIONS TO BE UPGRADED TO WORLD CLASS STATIONS .
> Long distance to have doctors on board and also entertainment facility.
> Aged and Handicapped persons to have more ameneties.
> 6560 RAILWAY STAFF QUARTERS TO BE CONSTRUCTED AND GROUP ‘D’ EMPLOYEES TO GET SCHOLARSHIPS FOR THEIR GIRL CHILD
> SPECIAL TRAINS TO FERRY PERISHABLE AGRO PRODUCTS AND RURAL HANDICRAFTS
> SPECIAL FUND FOR THE DEVELOPMENT OF NORTH EAST RAILWAY
