Rail budget disheartening from UP's point of view: SP

Image
Press Trust of India Lucknow
Last Updated : Jul 08 2014 | 8:42 PM IST
Terming the NDA's rail budget as "disheartening" from Uttar Pradesh's point of view, Samajwadi Party today alleged that the biggest state of the country and the common man were ignored in it.
"The budget is disheartening from UP's point of view. The biggest state of the country was ignored in the budget. The budget shows that the Centre did not rely on its own resources and preferred FDI and private route for completing porojects", SP spokesman Rajendra Chowdhury said.
He said that work on Etawah and Mainpuri railway tracks had been left incomplete and it should be taken care of and work should be finished by the Railway Ministry.
"The Railway Ministry will be shedding its social responsibilities and be converted into a corporate firm in the days to come", he alleged, claiming that common man was being ignored in the budget.
Having already effected a steep hike, the railway budget for 2014-15 today spared passengers of any fresh revision in fares and freight rates but pitched for reforms by proposing private and Foreign Direct Investment (FDI) and Public Private Partnership (PPP) to meet the resource crunch.
*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: Jul 08 2014 | 8:42 PM IST

Next Story