Rail Budget: Growth-oriented, says FM

Complimenting Railway Minister Lalu Prasad for presenting a "growth-oriented" budget, Finance Minister P Chidambaram today said benefits of growth have been passed on to consumers.

"This (Railway budget) has shown the way how growth can benefit all," Chidambaram told reporters in the Parliament House.

He said across-the-board reduction in passenger fares, moderation of freight charges and other benefits have shown how the benefits could be passed on to common people.

"The Railways also continued to post profit," he added.

By taking into account the inflationary situation, Prasad has also shown how the government is making efforts to moderate the price situation, Chidambaram said.