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Mamata presents Rail Budget, eye on polls

Mamata presents Rail Budget, eye on polls

Mamata’s words as she got into her car to leave for Parliament, seemed to sum up what she had in store: “Railways is always for the people, by the people, of the people.”

So her speech began on a note of social responsibility, which she said was her priority as she introduced her Vision 2020 and its short, medium and long term goals. She lamented the slow groth of new rail lines pointing out that 53,596 km of rail coverage in 1950 had gone up only to 64,015 km now, an average growth of 180 km a year. “We have to move faster”, she said. For that the ministry needed money.

Mamata said emphatically that the Railways would not be privatised, but added that it needed new business models and invited domestic investment, saying a partnerhsip with private players was very necassary. Read fully story

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