Thursday, February 12, 2009

Indian Railway ,IR Budget

Not many new projects in rail budget

Indian Railway statitics:

  • Indian Railways (IR) is known as the largest and busiest rail network in Asia
  • It is also believed to be the world's largest railway system under a single management
  • IR runs over 11,000 trains everyday Out of these, nearly 7,000 are passenger trains
  • It transports more than 1.8 crore passengers and over 20 lakh tonnes of freight everyday
  • The Railway employs more than 14 lakh people
  • IR has nearly 7,000 stations over a total route length of more than 63,327 kilometres
  • Its revenue was more than Rs 70,000 crores in 2008 More than 70% of the IR’s revenues and most of its profits come from the freight sector Looking at these humungous figures, no wonder Indian Railways is described as the 'Lifeline of the Nation'.
  • Railways in India touch the lives of almost everyone – from a poor to a rich man. Be it by way of travelling or the goods that are brought to our cities and towns by the Railways, our lives are intertwined with this ‘Lifeline’.
  • So any decision that is taken with regard to the Railways is bound to affect the masses, not to mention the over 14 lakh people working for this ‘giant’.
  • Railways was rarely a profitable venture until Lalu Prasad Yadav took over as the Union Railway Minister in 2004, when the Congress-led UPA government came to power. His tenure has seen a turnaround of the department whose annual balance sheet is so big that it needs to be presented by way of a separate budget in Parliament.

http://www.indianrail.gov.in/

PNR Status

http://www.indianrail.gov.in/pnr_stat.html

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