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CENTRAL RAILWAY MINISTER PRESENTS THE COMMON MAN’S BUDGET

Lalu-parsad-1The top report on today is the railway budget presented by Central Railway Minister, Lalu Prasad Yadav, ensuring a profit of Rs. 25 crores. In his last full Railway Budget presentation, Central Railway Minister, Lalu Prasad Yadav offered everything from cheaper fares, lower freights to inclusion of technology in everyday rail life. He has once again maintained that his Budget would focus on the common man promising facilities such as more passenger trains, faster and easy travel procedures (ticket-booking and transport), reduction in passenger fares and fuel freights, discounts to females and senior citizens; to name a few. Some of the highlights of the budget are: * Rs. 30 thousand crores allotted for development. * Rate of profit crossed 21% for the first time. * E-ticket to be available in VAT list. * Major focus on increasing income rather than fare * Residents to have Go Mumbai card. * Smart card system to all rail stations * Plan to develop CST station hi-tech * New railway lines for Mumbai port * Free season tickets for girl students till graduation * Concessions to senior women in ticket fare. * Plans to carry 10 new Garib Rath. * 2 new Garib Rath to be started in Maharashtra for Pune-Nagpur & Jabalpur- Mumbai. * Declaration about reduction in fares. * Reduction in the prices of tickets upto 5% in trains.

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