Indian Railways Budget Speech 1988-89 480 Speech of Shri
Indian Railways Budget Speech 1988-89 Speech of Shri Madhavrao Scindia Introducing the Railway Budget, 1988-89 on 24 th february, 1988 Mr. Speaker, Sir, I rise to present the Revised Estimates for the year 1987-88 and Budget Estimates for the year 1988-89 for the Indian Railways. Introduction 2. It was gratifying for us in the Railways to have received continued support and encouragement from Honourable Members from all sections of the House, and ever-increasing co-operation from members of the public. This served to enthuse and inspire Railwaymen to new heights in the year 1986-87, and in the current year 1987-88. 2.1 The best productivity indicator of freight operations, Net Tonne Kilometres per Wagon per Day, which had increased to 1296 (BG), in 1985-86, reached a new high when it touched 1420 in the year 1986-87-- an improvement of as much as 10%. 1350 was the target for the terminal year of the 7th Plan. I am happy to say, we have steamed way past this figure three years ahead of time. It has enabled the Indian Railways to retain the position it had achieved last year as a world leader in freight capacity utilisation, leaving behind countries even in the developed world. Members will appreciate the magnitude of the increased freight transport effort when I state that with only a very marginal increase in the wagon fleet, the first two years of the 7th Plan together, have produced an additional 41.1 billion net tonne kilometres. This has surpassed by as much as 56% in these two years alone, the transport increase of 26.2 billion in the entire five year period taken together, of the 6th Plan.
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