Rail Budget 2013: Will P K Bansal bite the bullet on fare hike?

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Cash-strapped Railways had effected passenger fare hike across the board by 21% on Jan 22. (Reuters) Cash-strapped Railways had effected passenger fare hike across the board by 21% on Jan 22. (Reuters)
SummaryCash-strapped Railways had effected passenger fare hike across the board by 21% on Jan 22.

through extra budgetary resources during (2012-17).

Railways expect to generate Rs 7,000 crore revenue from internal generation and Rs 18,000 crore from market borrowing in next fiscal.

Government may soon notify some works connected with the Railways like afforestation and construction of approach road for crossings under its ambitious rural job scheme which is likely to find a mention in the budget.

Industry has called for speedy implementation of key railway projects such as the Dedicated Freight Corridor, high- speed rail corridors, rolling stock and other capacity enhancement works in the Rail Budget 2013-14.

In response to the industry demand Railways will announce some initiatives to encourage public-private partnerships in rail sector.

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