Mamata likely to present Rail Budget on July 8

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 9:33 PM IST

Railway Minister Mamata Banerjee is likely to present the Rail Budget in the Lok Sabha on July 8.

"The Rail Budget is likely to be presented on July 8. The ministry is preparing a status report to be presented before the Railway Minister. The report is to be submitted in a day or two and after that the budget outline will be drawn by the minister," a senior ministry official said.

The ministry is likely to shell out about Rs 14,000 crore to its staff because of the implementation of the Sixth Pay Commission in the current fiscal.

The current operating ratio of 88 per cent is likely to be affected due to the implementation of the pay commission report, said the official.

Railways have often drawn flak from passengers for low quality food being served and unhygienic conditions prevailing in trains and platforms.

"Some drastic measures need to be taken to improve passenger amenities like food quality and cleanliness in trains," the official said.

Enhancing capacity of rolling stock including gauge conversion, doubling and laying new lines, acquisition of new coaches and wagons are some of the priorities of the ministry.

Beside work in major projects like Kashmir rail link, Dedicated Freight Corridor, the budget will also focus on the security upgrading of stations in metropolitan cities keeping the threat perception in mind.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 02 2009 | 7:36 PM IST

Next Story