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RAIL BUDGET HIGHLIGHTS 2012-13 :-
An increase in passenger fares across all classes, more than 100 new trains, enhanced frequency or routes for many others, and plans to hire more than one lakh employees were some of the key Rail Budget proposals made on Wednesday.
Presenting the annual Rail Budget for the financial year 2012-13 in Parliament on Wednesday, Railway Minister Dinesh Trivedi made following key proposals:
*Passenger fares to be hiked by 2 paise per km for suburban and ordinary second class travel; 3 paise per km for mail/ express second class; 5 paise per km for sleeper class; 10 paise per km for AC chair car/AC 3-tier and First Class; 15 paise per km for AC 2-tier and 30 paise per km for AC 1-tier.
*Minimum fare and platform tickets to cost Rs 5.
*75 new Express trains to be introduced, along with 21 new passenger services, nine DEMU services and 8 MEMU services trains.
*Route of 39 trains to be extended and frequency of 23 trains to be increased.
*Railways to hire more than one lakh employees in 2012-13; 80,000 persons hired last year.
*Indian Railways Stations Development Corp to be set up to re-develop stations and maintain them like airports...........read full post
NIFTY TECHNICAL LEVELS FOR 15 March 2012
Support :- Support1 - 5410.85, Support2 - 5357.8 , Support3 - 5286.1
Resistance :- Resistance1 - 5535.6, Resistance2 - 5607.3, Resistance3 - 5660.35
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