Rail Budget practical, implementable: Chidambaram
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Rail Budget practical, implementable: Chidambaram

Last Updated: Tuesday, February 26, 2013, 15:44
 
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New Delhi: Terming the Railway Budget for 2012-13 as "practical and implementable", Finance Minister P Chidambaram today said that his cabinet colleague Pawan Kumar Bansal has presented the finances of the railways in a very candid manner.

"The Railway Minister has presented a very responsible, practical and implementable budget," Chidambram told reporters outside Parliament.

Chidambaram, who will present the General Budget for fiscal 2012-13 on February 28, said, "Within the resources the railways can mobilise, I think he (Bansal) has done a remarkable job of providing new trains, new lines, extensions, capital works and production facilities."

On the financial conditions of the railways, he said, "I think after many years, he (the Minister) has candidly stated the finances of the railways... I think it is a very commendable budget."

PTI Giving his reaction, Telecom Minister Kapil Sibal also termed as "forward-looking" the Railway Budget presented by Bansal.

He said the Budget has a vision of taking care of passengers.

Noting that Bansal had "honestly" stated that the Railway sector was not in very good financial condition," he said, "I commend the Railway Minister for presenting a very practical, useful budget which will in the years to come really take care of the Railways through their own resources."

Information and Broadcasting Minister Manish Tewari said the Railway Minister has done a "commendable job" and kept "a very fine balance".

Tewari said he had been able to "reconcile various imperatives" while keeping the larger growth story of Railways in mind.

External Affairs Minister Salman Khurshid also said Bansal has done "a very good balancing job."

PTI

First Published: Tuesday, February 26, 2013, 14:19

Comments

Railway Budget is hopeless, Lets see What the Union Budget which is on 28th, are all about? -Shashi -Kolkata
In Mr Chidambarams` view Congress is always right & do remarkable job, as the saying is `` Boss (Sonia) is always right`` Whether it is Helicopter Corruption, Coommon Wealth game coorruption, or Price hike in LPG, diesel or Petrol & other daily & useful commodities Peoples don`t get reservation in trains as because the same is always full, freight charges are too high, then where all these money goes? how can be Railway is in loss? Pls make me understand & all those people like me who don`t know where all these money goes & How railway is running on big loss?-Shashi -Kolkata
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