HIGHLIGHTS OF RAILWAY BUDGET,
PART - II
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loading of 430 million tonnes.
traffic estimated to grow by 3% over 1996-97
Traffic Receipts at the current fare and freight rates
estimated at Rs.26055 cr. An increase of Rs.1605 cr. over
Revised Estimates of 1996-97.
Working Expenses estimated at Rs.20935 cr. - An increase
of Rs.4785 cr. over the revised estimates of 1996-97 -
this is to cover cost of inputs for incremental traffic,
expected increase in prices, increase in Dearness
Allowance, higher lease charges to Indian Railway Finance
Corporation and impact of recommendations of Fifth Pay
to DRF Rs.2000 cr.
to Pension Fund Rs.2200 cr. and Rs.300 cr. to be drawn
from the balance of Pension Fund.
Working Expenses estimated at Rs.25135 cr.
Traffic Receipts comes to Rs.920 cr. - Net Miscellaneous
Receipts works out to Rs.284 cr.
Railway Revenue comes to Rs.1204 cr.
payable to General Revenues estimated at Rs.1630 cr.
of Rs.426 cr.
Resources works out to Rs.1619 cr. at existing fares and
through IRFC fixed at Rs.2150 cr.
investment of Rs.900 cr. expected under BOLT/OYW schemes.
support from General Exchequer fixed at Rs.1831 cr.
resources available for Plan expenditure are Rs.6500 cr.
Plan fixed at Rs.8300 cr.
gap of Rs.1800 cr. in Plan resources.
Tariff proposals to be effective
increase in fares of Second Class Ordinary and Second
increase in fares of monthly and quarterly Season Tickets
for Second Class and First Class for all distances.
increase in platform tickets charges.
rates of platform tickets not increased.
increase in fares of Sleeper Class
(Mail/Express/Ordinary) for all distances.
increase for all distances in respect of the following
classes of travel:
Conditioned First Class
Conditioned 2-Tier Sleeper
Conditioned 3-Tier Sleeper
Conditioned Chair Car, and
fares of Shatabdi Expresses and Rajdhani Expresses
including August Kranti Expresses to be revised suitably.
will be provided from 01.04.97 in Hazrat Nizamuddin -
Trivandrum, Hazrat Nizamuddin - Bangalore and Hazrat
Nizamuddin - Jammu Tawi Express. Charges will be included
in the fare itself as in other Rajdhani Expresses.
surcharge of 20% on parcel and luggage rates in superfast
increase in newspaper and magazine rates.
Proposals in regard to freight
rates of all commodities raised by 12% for all distances.
commodities are exempted:
Foodgrains and Pulses, Edible Salt, Edible Oils, Urea as
Chemical Fertilizer, Kerosene, Sugar, Liquified Petroleum
Gas, Fruits fresh including Bananas and Vegetables,
Fodder other than Oil Cakes, Livestock, Oil Seeds,
Organic manures, Gur, Shakar and Jaggery, Hydrogenated
Oil and Vegetable Oil (Refined).
fare and freight rates to come into force from 01.04.97.
additional revenue of about Rs.1800 cr.
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The Indian Railway Budget
1997 - Highlights
Document released by
the Railway Ministry, Government of India, on 26th February,
Made available on the Web on the same day, by MediaWeb India,
Indian Economy Overview (http://www.m-web.com).
Please contact the WebMaster for any information or