Saturday 28 February 2015

The railway budget



The railway budget as per the opinion of many industrialists and budget experts looks like a, “vision document” and for the same reason the market has reacted negatively. Surely financial strains will be  experienced while trying to execute the ambitious projects announced and the long pending projects  mainly because, the industrial investments will not readily  flow into a  loss incurring sector and  the burden  of  huge wage bill due  wage revision by the pay commission  will also pose a problem .Under these circumstances how will the railway minister be able to make the railway sector, “financially independent and operationally efficient” as the editorial,  (Towards the modest goal,17.2.15)  hopes? Moreover, the recent crimes committed all over the nation has proved that  installation CCTV cameras in the ladies compartments alone can not ensure safety of women  passengers..   

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