Rail Budget addresses speed, safety and sound financing concerns: M.Venkaiah Naidu
Focus on prioritized investment for better results
Web Admin
5 Dariya News
New Delhi , 08 Jul 2014
Union Minister of Urban Development, Housing & Urban Poverty Alleviation and Parliamentary Affairs Shri M. Venkaiah Naidu has described the Rail Budget 2014-15 presented before the Parliament today as an honest account of ills plaguing the railways and the way forward. The following is the statement of Shri Naidu on the Rail Budget: “It is a realistic, comprehensive and an honest account of ills of management of Indian Railways over the years that pushed the transport life line of the country into deep difficulties. It conveys government’s fresh thinking about quick completion of projects languishing over decades through prioritized investments for better returns on investments. Introduction of bullet and high speed trains through required augmentation of safety and other related infrastructure is a quantum jump which is long overdue. Emphasis on modernization, safety and passenger amenities, development of infrastructure through additional resource mobilization is aimed at meeting the aspirations of millions of rail goers. The budget statement conveys that instead of being populist and unrealistic to only repent later, it is prudent to be rational and efficient in management of such a critical system. North-East and other regions’ requirements have been given due consideration in all aspects of provision of rail services and as such it is a true National Budget. I would have expected some sections of the MPs to have heard out the budget proposals to enable a meaningful debate at a later date but they chose otherwise which could have been avoided.“