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Thursday, July 10, 2014

WLCI Reviews - Indian Railway Budget



WLCI brings to you the highest plan outlay ever for Railways !

wlci review


With the surplus revenue declining, the railway budget presented by Railways Minister called for an increase in passenger fares cost and also the overhauling of the Infra-structure.

He stressed that out of every Rupee earned, 94 Paise goes into the operating cost thus, leaving only 6 Paise as surplus. Railways Minister Gowda also announced the roadmap for future tie-ups with private investors for various projects.

The plan outlay for Railways is of Rs 65,445 crore. This includes funds from market borrowing and public-private partnerships.

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