The Indian Railways continues to battle with huge losses, poor maintenance and deteriorating standards. Freight and passenger earnings have shown a decline during the April-December 2013 period. While freight earnings are short by about Rs 850 cr, the decrease in passenger revenue is about Rs 4000 cr. While the working expenses have gone up by about Rs 5,000 crore during April-December period, the revenue earnings have decreased by over Rs 4,000 crore.
With this not-so-rosy picture, rail minister Mallikarjun Kharge is all set to present his first and UPAII’s last interim budget in the parliament today. Having general elections in sight, Kharge is expected to present a rail budget which will not only provide some solution to the woes of the public carrier, he is also expected to take some populist measures without harming the existing projects. Here are 20 things which we all should expect from him:
In all it is expected to be a balanced and growth-oriented budget. Kharge has already taken many bold steps to increase the revenue. The measures included allowing fuel adjustment component in passenger and freight fares, increase in Duronto fares and revising Rajdhani catering charges. He had also allowed dynamic fares in special trains to encash the increased demand of berths in Delhi-Mumbai sector as a pilot project.
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