Friday, February 25, 2011
Rail Budget 2011- No hike in train fares
For the third successive year, the Railway Budget for 2011-12 spared passengers of any increase in fares and proposed no hike in freight rates while introducing 56 new trains, including nine non-stop Duronto trains and three Shatabdis.
Presenting her third budget in UPA-II in the Lok Sabha, Railway Minister Mamata Banerjee announced a slew of concessions including reducing the eligibility age of senior women citizens from 60 to 58 years and the fare concession for men above 60 from 30 to 40 per cent.
Apparently with an eye on the coming Assembly polls in West Bengal, where she is projected as the chief ministerial candidate of the Congress-Trinamool combine, she came out with a number of projects for the state, including a metro coach factory in Singur, Rail Industrial Park in Nandigram, an integrated suburban network for Kolkata and 34 new services for the Kolkata metro.
Source: Rail Budget 2011- No hike in train fares
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