Fresh fund reqmnt, a concern: Bhattacharya

Bhattacharya, Director, Institute of Economic Growth told agencies: There is no major change in the railway budget this year. The dividend payout is too low compared to the capital infusion. Hence, contribution to the government exchequer will also be low. Fresh fund requirement is a matter of concern - it may lead to a slowdown in some existing and important projects. The Indian Railways is notorious for announcing new schemes without completing the old ones. And more often than not it has been noticed that most of the new trains become commercially unviable after some time.