Lalu Railyway Budget | Railyway Budget for 2009| Rail Budget

Lalu Prasad With Railyway Budget

Railway Minister Lalu Prasad Yadav is back with 2009-10budget, if lalu prasad announce a reduction of 8-10% in AC-III tier and second class sleeper, he will get upper hand over Rail Bhawan bureaucracy.

lalu will be keen on gifting lower fares to the Janta for the coming election, Besides lower fares, Lalu Prasad's budget also include a substantial investment of Rs 12,000 crore for the ambitious East-West freight corridor. It starts from Kolkata and terminates at Mumbai, touching Ludhiana en route. The minister is keen to ensure freight corridors are executed in time to enable faster movement of goods. Given the increase in the number of passenger traffic on existing routes, the railways had favoured faster movement of goods through a dedicated line.

According to the officials, Lalu Prasad's budget will entail a total expenditure of Rs 35,000 crore for the next fiscal. The budgetary support to the railway plan will be about Rs 10,800 crore, representing a significant step up of 37 per cent compared with Rs 7,874 crore in 2008-09. These will be utilised to execute ongoing projects in far-flung areas including gauge conversions and electrification. Besides, the railways will use its internal resources of Rs 25,000 crore to upgrade existing projects.