Railway Minister Mallikarjun Kharge is unlikely to tinker with basic passenger fares but may announce some new trains and measures to improve services in the interim railway budget to be presented in parliament Wednesday, just a few months before the general elections to be held by May.
This will be Kharge's maiden budget and the last railway budget of Prime Minister Manmohan Singh-led United Progressive Alliance (UPA) government during the current term of the Lok Sabha.
However, sources told IANS that the government may announce some adjustments in fuel subsidy that might lead to marginal reduction in fares.
10.24 am: Passenger safety likely to be top priority Railway Minister
Kharge is likely to have passenger safety at the top of his agenda. Among the measures that are likely to be announced are installation of fire safety systems, more use of fire-retardant material in the coaches and further implementation of Train Collision Avoidance System.
10:00 am: Kharge to reverse his seven-month-long inaction?
A Business Standard report points out that since he became Railway Minister Kharge has done little to change policy at Indian Railways. It's unlikely to change with this budget. But he will leave behind a mess for his successor to sort out. Wouldn't be the first time.
9:30 am: Budget copies arrive at Parliament
Budget copies arrive at Parliament
7:30 am: Expect no passenger fare increase, more trains
Railway Minister Mallikarjun Kharge will not bring about reduction in basic passenger fares in the interim budget tomorrow but is likely to make adjustment in fuel adjustment component so that impact on fares is minimum in an election year. Read more..
Railway Minister Mallikarjun Kharge will not bring about reduction in basic passenger fares in the interim budget tomorrow but is likely to make adjustment in fuel adjustment component so that impact on fares is minimum in an election year. Read more..
Source: Hindi News
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