Rail Budget 2016: Suresh Prabhu says will ‘cater to people’s needs’
Rail Budget 2016: Railway Minister Suresh Prabhu today said that the Rail Budget will cater to the needs of all "satisfactorily" as a lot of effort has gone into its preparation. (PTI)
Rail Budget 2016: "The Rail Budget we have prepared is in the interest of the nation and railways," said Prabhu, who will present his second Rail Budget tomorrow in Parliament after assuming charge of the ministry.
Suresh Prabhu in his Indian Railways Budget 2016 has not increased either passenger fares or freight charges.
Rail Budget 2016:Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said, adding that a separate directorate is being planned for this purpose.
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ANALYSIS / EXPERT COMMENTS
- Meghnad Desai
India needs a body like the UK’s Office of Budget Responsibility
- Anita Rastogi
In addition to simplifying the taxation structure, implementation of the GST regime will help eliminate most indirect tax issues
- Nirvikar Singh
Repressive regimes fail to deliver inclusive and substantive economic growth
- Anwar Shirpurwala
Extend duty incentives for mobile phones and tablets to all Information Technology Agreement goods
- Eric Mehta
Will this Budget be an enabler for ‘Make in India’, ‘Make for India’ and, most importantly, ‘Make India’ is something that will soon be answered