Expect A “Good” Budget : Laloo
One day before the railway budget is announced, railway minister Laloo Yadav has stated that people can expect a “good” railway budget and that interests of all sections of society have been kept in mind while preparing the budget.
He also added that safety and security issues have also not been neglected.
Laloo did not talk about any particular change, but it is likely that freight charges on essential commodities will be reduced to fight inflation. Indian railways currently has a cash surplus of 2.5 billion dollars and can afford to cut charges on certain goods. For years the railways had been a loss making “white elephant” for the government, but since last year has started making profits.