Under fire, the government again seems to have caved in to the Trinamool Congress (TMC) by agreeing to roll back the fare hikes proposed by former Railways Minister Dinesh Trivedi in his one and what largely looks like his only Railways Budget.
ICICIdirect.com has come out with its report on Rail Budget 2012-13. The Rail Minister finally bit the bullet and presented a fair and practical Rail Budget 2012-13. For the first time in nine years, passenger fares were hiked in the range of 2 paisa per kilometre to 30 paisa per kilometre (~16%) in various categories of trains.
SPA Research has come out with its report on Railway Budget 2012-13. Railways Minister Mr. Dinesh Trivedi while presenting his maiden railway budget, kick started the longpending modernization plan of Indian Railways.
Emkay Global Financial Services has come out with its report on Indian Railway Budget 2012-13.
Nirmal Bang has come out with its report on Railway Budget 2012-13.
Indresh Batra, Managing Director, Jindal SAW & Chairman, JITF says, "The Railway Budget 2012-13 announced by the Hon’ble Minister is a mixed bag for the sector."
SP Tulsian of sptulsian.com doesn’t expect the Railway minister to announce any hike in freight rates in the Railway Budget to be announced today.