Railway Budget 2003
Last Update On Wednesday, February 26, 2003
Railway Budget 2003-04 Speech Part I
Railway Budget 2003-04 Speech Part II
Railway Budget 2003-04 highlights
Industry Impact
Railway’s annual plan for 2003-04 at Rs 10,607 cr
Railways target 11% rise in revenues
Railways to rationalise freight rates
Railways to invest Rs 11,518 cr during 2003-04
Rail PSUs report satisfactory performance in 2001-02
MUTP- Phase 1 gets necessary approvals
Railways to complete 225 km of new lines
Railways to form joint venture with NTPC
One-third of Railways’ revenues went towards wages in 2001-02
No hike in passenger fare, freight rates
Railways’ estimated earnings at Rs 43,445 cr in 2003-04
Railways to complete 150 years this year
Freight earnings surpass target in 2001-02
Journalists to get more Railway sops
Rail concessions to all senior citizens over 60 years
Railways to set up two terminals
Railways to focus on safety
Railways to introduce 50 new trains
Rail Budget for 2003-04 presented in Parliament
