Rail Budget: Mamata burns midnight oil

By: Staff | February 20, 2010 | | No Comments

vIndianz.com (20 Feb, 2010) — New Delhi: Railway Minister Mamata Banerjee, who has been burning the midnight oil to prepare the Rail Budget, is understood to have accepted major proposals from state chief ministers on new trains and enhanced fund allocations for ongoing projects.

mamta_vid_27Railway Minister Mamata Banerjee remained closeted with top railway officials for hours finalising the budget on February 16 and left her Rail Bhawan office only at 3.30 am on February 17, sources told Press Trust of India.

“She does not want to be seen as a Bengal-centric Minister and has made a conscious attempt to include major demands of various state chief ministers in her budget,” said a source in the Ministry.

Insiders said she remained closeted with top railway officials for hours finalising the budget on February 16 and left her Rail Bhawan office only at 3.30 am on February 17.

The Rail Budget will be presented on February 24.

The Railway Minister is likely to leave the passenger fares untouched while rationalising the freight rates.

There are indications that she might leave the passenger fares untouched but rationalise the freight rates keeping essential commodities aside.

She is expected to announce more non-stop ‘Duronto’ trains but no more of Garib Raths, a pet project of her predecessor Lalu Prasad. The existing Garib Rath trains, though, will continue to remain in service.

There is also a proposal to construct railway lines on the pattern of national highways involving private players. “The revenue sharing model is being worked out,” the source said, adding it might figure in Banerjee’s Budget speech.

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