Suresh Prabhu to present Rail Budget in Parliament today

February 26, 2015 09:22

Railways Minister Suresh Prabhu will unveil his first Budget on Thursday and a lot of suggestions from the Prime Minister's Office have been incorporated in the budget, said sources. Prabhu's Budget will focus on attracting investment, modernisation of trains, expansion of Wifi service and transparency in railway systems.

While a fare hike is unlikely across the board, a cess for cleanliness cannot be ruled out.

Prabhu is likely to unravel his grand plans of how to decrease the cross-subsidy for passenger service from freight earnings which is touching Rs 24,000 crore and the steps to increase goods transportation share in the national transporter with or without hiking fares.

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