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India Railway Budget 2009-10
Home>> Live Coverage of Railway Budget 2008

Live Coverage of Railway Budget 2008

The Union Minister for Railways Lalu Prasad Yadav presented the Rail Budget in parliament for the fiscal 2008-09 today. In the budget, he focused new areas into the railway network without hiking passenger fares.

This is the fifth rail budget for both Lalu Prasad and the United Progressive Alliance (UPA) Government. The minister said that "There are many inaccessible remote areas still untouched by the railways after so many years on the plea that these are financially unviable. My government has a social obligation on this aspect".

The rail network in India runs more than 11,000 trains everyday. Railway is the only ministry in India, which runs a separate budget in the parliament.

Get major highlights on India's Railway Budget 2008:

Budget HighlightsTime
More trains to run on electricity in North India. 3:10:53 PM
Concession for students and women declared in Railway Budget. 3:09:33 PM
10 out of 53 new trains for Bihar. 3:08:29 PM
Green toilets to be installed in trains. ` 4000 crores allocated for this purpose. 3:07:38 PM
Tickets can be booked through Internet and mobile phones. 3:05:12 PM
Laloo Prasad Yadav declares Rs.25,000 crores profit of Indian Railways in 2007-2008. 3:01:51 PM
ETA (Expected Time of Arrival) to be printed on tickets. 3:01:20 PM
Ticket queues to be eliminated in 2 years. 3:00:57 PM
North-east gets 6% reduction in freight charges. 3:00:34 PM
Petrol and diesel freights reduced by 5%. 2:02:24 PM
AC 3-tier fares reduced by 3%. 2:01:45 PM
2nd-class AC fares reduced by 4%. 2:00:51 PM
1st-class AC fares reduced by 7%. 1:59:33 PM
3rd-class AC fares reduced by 2%. 1:57:02 PM
5% reduction in second-class fares. 1:55:30 PM
Terminals can be set up by private companies : Railway Minister. 1:49:40 PM
Special Commonwealth Games train to run from Delhi to Pune. 1:55:30 PM
1712 crores for development of Railways in Jammu & Kashmir and north-east. 1:39:29 PM
Expansion of existing routes for many trains declared. 1:31:41 PM
53 new trains in 2008-2009. 1:25:51 PM
Land acquisition to be facilitated for development projects. 1:25:22 PM
New Railway coach production center in Kerala. 1:24:04 PM
Railways to use CFL lights. 1:23:19 PM
Improvement of Railway Hospitals emphasised. 1:23:06 PM
Railway exams to be held in Urdu in states where Urdu speaking population is high. 1:22:41 PM
Proposal for Mother-Child Health Express through joint collaboration of Indian Railways and Rajiv Gandhi Foundation. 1:11:30 PM
Ashok Chakra holders in the defence can travel in Rajdhani and Shatabdi Express. 1:10:15 PM
30% concession for senior citizens. 1:09:02 PM
Unmanned level-crossings to be reduced. 1:05:50 PM
Security measures at important stations to be improved. 1:02:55 PM
Safety measures to be expanded for prevention of rail collisions. 1:01:53 PM
Rs. 1 lakh crores to be invested for expansion of Railway network in India. 12:58:50 PM
Delhi, Mumbai and Patna stations to be given aid for development to world-class levels. 12:57:45 PM
Developed information system for travellers. 12:55:28 PM
Coal, cement, steel and container freight to be increased next year. 12:54:50 PM
New and better coaches in Rajdhani and Satabdi express trains declared. 12:53:56 PM
Round the clock freight handling facilities at terminals. 12:50:54 PM
Dedicated freight corridors announced in Railway Budget. 12:43:42 PM
40 new contained depots to be set up next year. 12:42:34 PM
Facilities to be improved at terminals. 12:40:59 PM
e-ticketing for Indian Railways to be increased. 12:37:13 PM
Automatic Signalling System to be expanded. 12:35:53 PM
Dedicated line for coal transport. 12:34:25 PM
Low level platforms to be upgraded to medium level and high level platforms. 12:33:13 PM
Lift and escalators in 50 big stations. 12:31:12 PM
Multilevel parking in 30 big stations. 12:30:08 PM
Maintenance of all Rajdhani and Satabdi Express trains to be done by private agencies. 12:29:09 PM
Call Centers for Railways by 2009. 12:26:14 PM
Display Boards on long distance mails and express trains. 12:22:52 PM
Multipurpose Railway card for Mumbai. 12:21:49 PM
Availability of railway tickets to be made easier. 12:20:52 PM
Operating Ratio for Railways in 07-08 will be 76.3% : Railway Minister. 12:18:37 PM
Railways have continued making profits in the last 4 years : Railway Minister. 12:16:20 PM
14 lakh employees have worked hard for the success of Indian Railways : Laloo Prasad Yadav. 12:11:30 PM
Railway Budget session begins in Parliament. 12:09:42 PM
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