Rail Budget 'pragmatic', says Railwaymen's Federation

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Feb 26 2015 | 11:28 PM IST
All India Railwaymen's Federation (AIRF) today said Railway Minister Suresh Prabhu's maiden Rail Budget was "pragmatic".
"We appreciate budget proposal of not hiking fares and also not announcing any new train," AIRF General Secretary S Gopal Mishra told PTI.
He said any "fare hike would have caused hardship for the common man. Announcements of new trains would also create more burden on already saturated lines. Then there is a problem of manpower shortage."
AIRF had earlier opposed railways' FDI proposals, saying "it would lead to privatisation of railways." Referring to the proposal of attracting private investment, Mishra said, "As long as it does not mean privatisation we are okay with it."
Meanwhile, Antoine Caput, Vice President & Country Director of Thales India also welcomed the budget as "forward-looking".
"We, at Thales, find the Railway Budget a forward-looking one. We believe the announcements around increasing line capacities, enhancing safety, introducing high-speed rails and corridors leading to overall modernisation augur well for the country, its people and the industry. In particular, the proposal to install Train Protection Warning system (TPWS) and Train Collision Avoidance System on select routes is a major decision that will lead to a bright future..."
Thales is involved providing upgraded signalling system in railways.
Manish Rathi, CEO of RailYatri.In, said, "It is a progressive, passenger-centric budget. It focuses on passenger amenities - both at the station and in-transit, and will simplify train travel."
Rathi said the proposed Wi-Fi access at all major stations will help travellers access travel and services information easily while on the move.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 26 2015 | 11:28 PM IST