A budget freighted with the past

It was perhaps unrealistic to expect the last rail budget to be presented by the incumbent government before facing a general election to tread any unbeaten path or introduce revolutionary concepts. To that extent, the maiden budget proposals of Railway Minister Pawan Kumar Bansal are on expected lines. There are no major surprises. However, there are a few issues concerning the future course that this crucial infrastructure behemoth will take that should be of concern to not only the UPA government but any dispensation that may be in power thereafter.

Read Full Story>>