Railways target freight loading at 910 MT in 2009-10

The Union Minister of Railways, Shri Lalu Prasad presented the Interim Railway Budget 2009-10 in the Lok Sabha today. The minister presented the budget estimates for year 2009-10.

The Freight loading was targeted at 910 mt, an increment of 60 mt on 2008-09. The number of passengers is likely to grow by around 7%.

The Gross Traffic Receipts are estimated at Rs 93,159 cr i.e. Rs 10,766 cr more than RE 2008-09. The Ordinary Working Expenses were budgeted at Rs 62,900 cr to cover the full year impact of VI CPC and the payment of 60% arrears due in 2009-10.

The Dividend payable to General Revenues kept at Rs 5,304 cr at the current applicable rates. The Budgeted Operating Ratio 89.9% and the Plan outlay kept at Rs 37,905 cr.

Source : Press Information Bureau

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