Rail budget has everything for common man, says Prabhu

Replying to the debate on rail budget in the Lok Sabha said, the Minister said the budget has everything for common man...Common man is the centre of the budget.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney
moneycontrol.com

sme special

Home » News » Economy

Mar 10, 2016, 11.30 AM | Source: PTI

Rail budget has everything for common man, says Prabhu

Replying to the debate on rail budget in the Lok Sabha said, the Minister said "the budget has everything for common man...Common man is the centre of the budget."

Like this story, share it with millions of investors on M3

Rail budget has everything for common man, says Prabhu

Replying to the debate on rail budget in the Lok Sabha said, the Minister said "the budget has everything for common man...Common man is the centre of the budget."

Post Your Comments

Share Cancel

Rail budget has everything for common man, says Prabhu
Brushing aside Opposition charge that the Rail Budget has nothing for poor, Railway Minister Suresh Prabhu today said it had "everything for the common man", as he unveiled a three-pronged strategy including an austerity drive to revitalise railways.

Replying to the debate on rail budget in the Lok Sabha said, the Minister said "the budget has everything for common man...Common man is the centre of the budget." The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations etc, the Minister said.

Moreover, the weaker sections including members of SC and ST would be given preference while awarding contracts for setting up stalls at railway stations.

The Lower House later passed the appropriation bills and the demands for grants in connection with the rail budget for 2016-17, after over a debate that witnessed participation of over 100 members.

Observing that "railways have been going through challenging times...(and) a real crisis accumulated over the years", Prabhu said his three-pronged strategy was aimed at "significantly" improving the financial health of the railways and make it a "precious asset of the nation".

The strategy to revive the railways include augmentation of services, generation of more revenue and optimisation of cost.

Elaborating on the strategy, the Minister said he proposed to launch an "austerity drive" to reduce administrative expenses.

Buy, Hold, Sell ? Hear it first on M3
Rail budget has everything for common man, says Prabhu

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login