Prime Minister Manmohan Singh Friday praised the rail budget presented by Railway Minister Mamata Banerjee as a “common man’s budget”. “It is a common man’s budget with no increase in freight and passenger fares. It will help to weaken the cost crucial element of inflationary expectations,” the prime minister told reporters outside parliament. “At the [...] Continue reading It’s common man’s budget, says PM
Tag Archive: budget
Railway Minister Mamata Banerjee began presenting the rail budget for 2011-12 in the Lok Sabha Friday with the promise of not only moving ahead faster to build a strong railroad infrastructure but also to address the needs of the average person. “We have taken a two-pronged approach. On the one hand, building sustainable, efficient, rapidly-growing [...] Continue reading Mamata Banerjee starts presenting her fifth rail budget
More highlights from Railway Minister Mamata Banerjee’s budget presented in the Lok Sabha Friday: * Upgraded class of air conditioned travel to be introduced shortly. * Anti-collision device, successful in North West Frontier Railway, to be extended to three more zonal railways. * Railways always been a soft target but law and order a state [...] Continue reading Railway budget highlights 4
More highlights from Railway Minister Mamata Banerjee’s budget presented in the Lok Sabha Friday: * Safety first priority; accident rate has come down. * Decision to start pilot projects to give shelter to homeless people. * Outlay of 57,630 crore for 2011-12, the highest investment in one year. * Rs.10,000 crore to be raised through [...] Continue reading Railway budget highlights – 3
Following are more highlights from Mamata Banerjee’s railway budget, presented in the Lok Sabha Friday: * First coach from Rai Bareli factory in next three months. * Work on wagon factory in Orissa to begin after land is acquired. * Railways to set up factory in Jammu and Kashmir. * To set up Metro coach [...] Continue reading Railway budget highlights 2