By IANS,
* Railways to invest Rs.7.35 lakh crore during 12th Five Year Plan period (2012-17), a quantum jump from the Rs.1.92 lakh crore invested in previous plan period.
* Railways must attract 10 percent of the Rs.20 lakh crore government expects to spend on infrastructure during 12th Plan
* Railways expect gross budgetary support of Rs.2.5 lakh crore during 12th Plan.
* Collective challenge to formulate viable funding mechanism for modernisation.
* Railways should contribute 2 percent of GDP from the present 1 percent.
* 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.