Poor railway performance may mar merged Budget

Railways may have to seek government loan to meet revenue shortfall

The government’s decision to merge the Railway Budget with the General Budget may turn out to be an addition of two paragraphs from the former into the latter.

The debut Budget, to be read by the minister of finance, might not be noteworthy, as there is a likelihood of the national transporter seeking government loan to get over its revenue shortfall for this year.
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“Revenue has not picked up despite rationalisation of freight rates and introduction of premium pricing. It could be that the revenue falls short