Rail Budget Review
Review of Rail Budget 2010
Rail Budget presented by Ms Mamta Banerjee has invoked mixed reaction from all quarters. Amongst the bouquets the rail budget has also managed to collect lot of brickbats for neglecting key states for development of infrastructure and an overhaul of the present facilities. The status quo when it comes to fares has been maintained by Ms Banerjee as both the Rail freights and the passenger fares were left untouched as there was a realisation felt to first improve upon the services provided by the Railways. Following are some of the interesting comments received on the Rail Budget 2009-10 presented by Ms. Mamta Banerjee on 3rd July 2009.
Read the latest comments on Rail Budget 2010-11
"The task force on PPP projects is a positive. Clearing projects in 100 days is a challenging task; Reinforcing last year's commitment to infra push the railways in in an agressive mode; High tech drive on safety and security good moves. Needs good short term planning to push on execution."
Rajeev Jyoti, Managing Director of Bombardier Transportation India
"Railway is building up capacity for the long term. Emphasis on public-private model to enhance rail infrastructure is good for the industry."
Umesh Choudhary, Vice chairman, Titagrh Wagons
"We can take some positives from the budget in terms of enhancing overall connectivity and setting up a task force for clearance of projects within 100 days. At the end of the day you need massive amount of funds for these projects and funds are currently not available".
Sajal Mitra, CEO, Arshiya Rail (unit of Arshiya International)
"She (the railway minister) has also mentioned about vision 2020. We have to achieve an average of 1,000 kilometers a year. That is a great opportunity for companies like us.
R D Sharma, Chairman & Managing Director, Kalindee Rail Nirman
