Highlights of the railway budget presented by Railway Minister D.V. Sadananda Gowda in the Lok Sabha Tuesday:
* Would require Rs.5 lakh crores in 10 years for modernisation
* Receipts in 2013-14 were Rs.139,550 crore; expenditure was Rs.130,321 crore
* Spend 94 paisa of every rupee earned, leaving a surplus of only 6 paisa
* With 12,500 trains, railways move 23 million passengers every day; equivalent to moving Australia's population
* Target to become largest freight carrier in the world