 "Budget 2016: Rail budget to cater to people's needs satisfactorily: Suresh Prabhu")
Railway Minister Suresh Prabhu said Wednesday that the Rail Budget will cater to the needs of all "satisfactorily" as a lot of effort has gone into its preparation.
"The Rail Budget we have prepared is in the interest of the nation and railways," said Prabhu, who will present his second Rail Budget on Thursday in Parliament after assuming charge of the ministry.
"We have tried to meet the needs of all satisfactorily. A lot of effort has gone into making the budget. We have taken the ground reality into consideration before finalising it," he said.
Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said, adding that a separate directorate is being planned for this purpose.
"The Rail Budget we have prepared is in the interest of the nation and railways," said Prabhu, who will present his second Rail Budget on Thursday in Parliament after assuming charge of the ministry.
"We have tried to meet the needs of all satisfactorily. A lot of effort has gone into making the budget. We have taken the ground reality into consideration before finalising it," he said.
Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said, adding that a separate directorate is being planned for this purpose.