Mamata's rail budget envisages Rs576-bn outlay

Railway Minister Mamata Banerjee has outlined an annual plan outlay of Rs57,630 crore for the next fiscal while presenting her budget for 2011.

She said there will be a 'rail revolution' in the name of the prime minister which will be called the Pradhan Mantri Rail Vikas Yojana.

To meet the demand for coaches, rail based industries to be set up under 'Vision 2020'. The first coach from the new rail factory at Rae Bareli will roll out in the next three months, she said.

The railways will set up a bridge factory in Jammu and Kashmir considering the need for a large number of bridges on railway projects in the state.

She also proposed to set up metro coach factory near Singur in West Bengal.

Move to control rail mishaps
Railways minister Mamata Banerjee regretted the two incidents of sabotage that led to a large number of deaths last year, saying that anti-collision devices will be commissioned in three more divisions. Also, all unmanned crossings will be done away with in the next fiscal, she said.