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Thursday, July 2, 2009

Budget session 2009-10 starts

Budget session for fiscal year 2009-2010 started today and Mamta Banerjee (trinamool congress) will present the railway budget after 9 years, and looks like she is all set to present a people friendly budget,

The buzz is that one can expect passenger amenities to figure high on her rail budget platter with mention of affordable, economic 'janta' food being available at key stations across the Indian Railways system.

Ms Banerjee is likely to favour more public private partnerships (PPPs) to boost growth in railway infrastructure. Pending projects will receive special attention. The rail coach factory at Rae Bareli will receive the minister’s attention. More significantly, the ambitious Dedicated Freight Corridor Project will be taken up on a serious note.

There is also a lot of expectation in Kolkata that the city's iconic Howrah station may get a fresh boost as part of Railways' bid to convert it into a world class station. New Delhi and Patna stations too are also on the initial list of 22 stations that will be converted into world class stations by the Railways, a move that was initiated by Lalu Prasad. There is speculation that Sealdah too will be included this year.

Next week finance minister pranab mukherjee would present Union finance budget for fiscal year 2009-10

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