Interim Railway Budget 2009-10 review: Angel Broking
Angel Broking has come out with their review report on Interim Railway Budget 2009-10. The report said, “The Indian Railway Budget 2009-10 was largely a non-event with the Railway Minister, Laloo Prasad Yadav, while refraining from making any populist announcements, maintained his focus on building railway capacity going ahead and announced long-term plans of the Railways. Overall, it was a silent Railway Budget without any hoopla around it.”
Certain landmark achievements of the Indian Railways in the last five years highlighted in the Budget included:
Heavy investments have been made and will continue to be made for enhancing capacity of rolling stocks, technical upgradation and technological advancement in railways to increase passenger and freight business. The objective has been to increase Railways’ transport capacity and reduce the unit cost of operations, thus effectively increasing the yield per train.
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