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Wednesday, July 1, 2009

A deficit Rail Budget from Mamata Banerjee

mamata banerjee rail budget

A deficit Rail Budget may be unavoidable from Smt Mamata Banerjee . The impact of fare cuts, the unavoidable hike in wage bill, slower revenue growth and the freebies she has been promising will likely force a deficit budget from Railway Minister Mamata Banerjee . As she has no other way to submit a deficit budget.
And if Smt Banerjee decides to implement discounted passes for students and the seniors, an improved quality of food for passengers and other amenities without fare hikes, impact could be high .

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