6:09 PM
Union minister Sadananda Gowda is presenting his first Rail Budget in the Lok Sabha. Here are the highlights :
* Indian railways to become the largest freight carrier in the world.
* Social obligation of Railways in 2013-14 was Rs 20,000 crore.
* Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent.
* Focus in past has been on sanctioning projects rather than completing them, Railway minister says.
* Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years.
* Indian railways to become the largest freight carrier in the world.
* Social obligation of Railways in 2013-14 was Rs 20,000 crore.
* Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent.
* Focus in past has been on sanctioning projects rather than completing them, Railway minister says.
* Indian Railways spent Rs 41,000 crore on laying of 3,700 km of new lines in last 10 years.
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