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Railway budget hightlights 8

New debt service fund to be set up

Will close fiscal 2012-13 with fund balance against previous deficit; need to build fund balance to Rs.30,000 crore by end of 12th Plan

Operating ratio of 88.8 percent achieved

Dividend reduced from 5 to 4 percent

Electrification of 1,200 km to be completed this year

72 additional suburban services in Mumbai and 18 in Kolkata

No increase in passenger fares

Rs.6,600 crore increase in earnings from fare adjustment in January

Rs.63,000 crore investment in 2013-14

1,047 million tonnes freight loading estimated during 2013-14

Passenger earnings of Rs 42,000 crore estimated in 2013-14

Indian Railways Institute of Financial Management to be set up at Secunderabad

Chair at Delhi to promote research in reducing carbon footprint

Winners of Rajiv Gandhi Khel Ratna and Dhyan Chand awards to get free first class passes

Complementary first class passes for parents of unmarried posthumous awardees of Maha Vir Chakra, Vir Chakra, Kirti Chakra and Shaurya Chakra

Complementary passes of freedom fighters to be renewed every three years instead of annually

New wheel factory to be set up at Rae Bareli

Greenfiled EMU manufacturing facility at Bhilwara

Railway energy management company to be set up to harness solar and wind energy

1,000 crossings to be energised by solar power

1.51 lakh vacancies to be filled up

Locomotive cabs to be air-conditioned

Azadi Express to be introduced to travel to places associated with

freedom struggle

India in 1 billion tonne freight club

By end of 2013-14, 1,500 km of contracts to be awarded for two dedicated rail corridors

Rs.1 lakh crore target set for public-private-partnership route

Free Wi-Fi to be provided on some trains

Rs.100 crore for improving stations in New Delhi

179 escalators and 400 lifts at A 1 and other select stations

E-ticketing through mobile phones

SMS alerts for passengers on reservation status

Next generation e-ticketing system by end of 2013

Seventeen bridges identified for repair

Smoke and fire detection system envisaged

Fire extinguishers to be kept in guard vans

Corporate plan for 10 years to be drawn up

Raised four companies of women RPF personnel, and another eight to be raised for women's safety

Six more Rail Neer bottling plants to be set up

Losses mounted from Rs.22,500 crore in 2011-12 to Rs.24,600 crore in 2012-13

Planning Commission pegged 12th Plan at Rs.125.19 lakh crore

Fall in accidents - per million accidents down from .41 to .13

Aim to eliminate 31,846 level crossings

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