Railway budget highlights

By IANS,

New Delhi : The following are the highlights of the railway budget for 2012-13 presented in parliament Wednesday by Railway Minister Dinesh Trivedi:


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* Stress on strengthening safety. Has to be be benchmarked with the best in the world.

* Target of reducing accidents from 0.55 to 0.17 has been met.

* Special purpose vehicle to be set up on safety protocols.

* Independent railway safety authority to be set up as statutory safety body.

* Investment of Rs.5.60 lakh crore required for modernisation.

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