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Budget News

Passenger fares cut, no hike in fre
Rail Budget: Passenger fares cut, no hike in freight tariff
 INDIA , 24-February-2010  2:8:2 AM

Railway Minister Mamata Banerjee on Wednesday presented the Railway Budget 2010-11 in the Parliament, saying that her ministry has come out with ''Vision 2020'' to modernise the railway network.

"I prefer social responsibility to economic responsibility, she said.

Banerjee said, the railways need to catch up with the advanced western nations, adding that the policy guidelines would be made easier and hassle-free.

Railways will not be privatized, she said, adding that in the next five years the whole country would be connected by rail.

Banerjee called on the India Inc to build partnership with the Railways.

The minister announced that the exams for the recruitment in Railway would be conducted in the regional languages as well, adding that English, Hindi, Urdu and other regional languages will be used for Railway entrance exams.

From : http://www.indianexpress.com  

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