Mamata woos aam aadmi with populist budget
She expressed concern over the number of railway service disruptions that has caused a considerable hit to its finances. Promising to invest a whopping 576.3 billion rupees in the network in the financial year 2011/12, the figure not going down well with economists.
Mamata drew flak for her large number of Pro-Bengal policies with as many as 30 new trains for Bengal and a coach factory in Singur, West Bengal. With an apparent eye on the upcoming elections, she has managed to appease the communist comrade in Kerala as well with one another coach factory for Kerala.
The Prime Minister lauded Mamata Banerjee for her “common-mans budget" and congratulated her efforts to understand the pulse of the common man. Mamata commented before presenting her budget and said, “"We have taken a two-point approach. On the one hand by sustainable, efficient and rapidly growing Indian Railways, and on the other, by an acute sense of social responsibility towards the common people of this nation."
Now
Indian
awaits
the
Union
Budget
2011.
Will
that
budget
echo
populist
sentiments
and
quell
the
inflation
woes
and
general
trust
deficit
that
the
public
has
towards
the
UPA
government.
Let's
wait
and
watch.
Railway
Budget
2011:
Updates
The
Budget
presentation
concludes.
1:50
PM
-
Three
new
Shatabdi
trains
introduced;
the
routes
are
Pune-Secunderabad,
Jaipur-Agra
and
Ludhiana-Delhi.
-
Incentives
for
students
in
the
form
of
special
trains
for
them.
-
As
much
as
nine
additional
services
for
Chennai
suburban
service.
-
New
trains
for
Vivekananda,
Tagore
birth
anniversaries.
1:47
PM
-
Mamata
did
not
ignore
the
elderly
in
her
budget.
She
has
given
relief
for
senior
citizens
and
will
decrease
the
age
bar
for
senior
citizens.
For
women,
cut
off
age
will
be
58
yrs
from
60
yrs.
The
concession
on
ticket
for
senior
citizens
will
be
40
per
cent.
1:40
PM
-
Mamata
launches
new
Duranto
services.
-
New
Duronto
trains
on
Allahabad-Mumbai,
Madurai-Chennai,
Chennai-Thiruvananthapuram,
Pune-Ahmedabad,
Sealdah-Puri,
and
Mumbai
Central-New
Delhi
routes.
1:34
PM
-
Mamata
forsees
Rs
5,258
crore
excess
funds
and
Rs
5,260
crore
savings
in
FY12.
-
A
substantial
increase
in
Duronto
services.
-
AC
Duronto:
Allahabad-Mumbai,
Sealdah-Puri,
Mumbai
Central-New
Delhi,
Ahmedabad-Rohtak.
1:26
PM
Uproar
in
Assembly
over
Mamata's
largesse
towards
West
Bengal.
Furore
over
Mamata's
pro-Bengal
policies.
Mamata
shouts,
"I
am
proud
of
MY
STATE".
1:05
PM
-
Mamata
announces
that
2011
will
be
the
'Year
of
Green
Energy'.
-
Showcasing
her
social
responsibility,
Mamata
announce
that
Railways
will
employ
16000
ex-servicemen
from
Mar
2011.
-
Also,
special
incentives
for
physically
challenged
people
towards
traveling
in
trains.
-
As
reason
for
the
middle-class
to
rejoice,
the
charges
for
ticket
booking
will
be
reduced.
Booking
will
be
cheaper
by
Rs
10
for
AC
and
Rs
5
for
non
AC.
-
Railways
large-hearted
nature
showcased.
Schemes
for
railway
employees
and
scholarship
schemes
for
children
of
railway
employees
raised
to
Rs
1200.
1:01
PM
-The
rail
accident
rate
has
gone
down
from
0.29
per
cent
last
year
to
0.17
per
cent
now.
-Anti-collision
devices
to
be
commissioned
in
major
railway
zones
including
South
and
South
Central.
-A
whopping
1500
trains
were
cancelled,
3500
trains
re-scheduled
last
year
due
to
protests,
violence
and
other
unfortunate
incidents.
12:54
PM
-Proposals
to
set
up
funds
for
social
sector
projects.
-New
railway
lines
in
difficult,
underprivileged
areas.
-Rs
10,000
crore
to
be
raised
through
tax
free
bonds.
12:49PM
Mamata
claims
the
pro-poor
Izzat
ticket
was
a
success
that
helps
the
poor
travel
100
kms
on
Rs
25.
Railways
to
provide
10,000
shelter
to
shelter
less
people.
12:43PM
700
mw
captive
gas-based
power
plant
for
railways.
12:37
PM
-To
set
up
coach
factory
in
Singur,
West
Bengal.
-Will
set
up
rail
factory
in
Jammu
and
Kashmir.
-To
set
up
rail
industrial
park
in
Nandigram.
-First
coach
out
of
Rae
Baraeli
to
be
out
I
the
next
3
months.
-Diesel
Locomotive
Industry
to
be
set
up
in
Manipur.
12:34
PM
Mamata
says
she
is
aware
of
the
social
responsibility
of
the
Indian
Railways
and
confirms
that
budget
will
address
the
need
of
the
common
man.
12:18PM
New
Delhi,
Feb
25:
Finance
Minister,
Pranab
Mukherjee
loses
cool
over
Black
Money
issue
and
presents
Economic
Survey
for
2010-2011.
12:12
PM
Railway Budget 2011: Is it for the aam aadmi?
New Delhi, Feb 25: Railway Minister Mamata Banerjee will present her fifth Railway Budget in the Parliament today (Feb 25). She has arrived in the Parliament and will begin her presentation shortly. With the Railway Budget, the onus is to spring back the Railways into its former glory. Mamata's pro-Bengal policies is also in the limelight and she will have a lot of questions to answer and hopefully she would answer them effectively through the course of the budget.
With the West Bengal Assembly elections two months away, the questions everyone is asking is, whether Mamata will again play appeasement politics. With huge incentives doled out to her own region, the questions only seems fair.
With the Railways being cash-crunch at the moment and the government entity not in a plump position any more, thanks to the sensibilities of the Former Railway Minister Lalu Prasad Yadav, Mamata will have to carry out some of the promises she made earlier to render some credibility in her favour.
The Railway expenses have jumped by Rs. 1,300 crore, while earnings have gone down by Rs. 1,100 crore. Also, under the scanner is the large number of rail accidents that have occurred during her tenure. With increasing cases of casualties on trains being reported, women's safety within trains is also a cause of much concern.
Let us hope that Mamata Banerjee will be able to cater to the “aam aadmi" as promised.
12:06 PM
OneIndia News