A progressive railway budget - indeed!
The Railway Minister Mr. Dinesh Trivedi has delivered a forward looking budget, which has the potential to fastrack the Railways from a loss making entity to a profitable one. With the fare hike likely to be withdrawn, and a clear emphasis on project development with public-private partnerships, internal bickerings within the Railways need to die down, and the greater good aimed at.
An over-estimation of revenues and under-estimation of expenditure for the next year is a bold move. Although the estimate might never materialise, aiming high is better than lying low and doing nothing.
Here are the highlights of the Union Railway Budget 2012-13: