"The Kakodkar high-level railway safety review committee, which submitted its recommendations to Railway Minister, may not have said anything new or different from the past but it has chosen to tell the Railways how to mobilise the funds for a long overdue, massive safety upgrade programme over the next five years, with an estimate for Rs.1 lakh crore."
The Hindu : Opinion / Editorial : The Railways need funds: After Nitish Kumar brought the Railways back from the brink, and Lalu Prasad took all the credit for prudent financial management, Mamata Banerjee had virtually brought the Indian Railways to a situation of a financial collapse.
The Hindu : Opinion / Editorial : The Railways need funds: After Nitish Kumar brought the Railways back from the brink, and Lalu Prasad took all the credit for prudent financial management, Mamata Banerjee had virtually brought the Indian Railways to a situation of a financial collapse.
It is time the Planning Commission and Finance Ministry took a serious look at the state of the Railways. For if India's biggest employer is unwilling to take even small steps towards better managing its finances, there is no sense in it having a separate annual budget.
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