Rail Budget: Gowda Express is on right track
The Budget clearly tells that the Modi Government wants to curb populism and will focus all its energy to make things more robust on the ground level. In short, the Government has put a roadmap to make Indian railways a world class one in coming years. The maiden Budget mainly concentrated on how to improve basic amenities for passengers including their safety and security.
The statement of Gowda that Railways must earn like private organisation and serve like social organization clearly shows that the Government wants to work for the welfare of the people rather than filling their own coffins. In an attempt to give fillip to Railways financial health, Minister talked about PPP model of investment. On the matter of corporate FDI which is the need of hour, Minister said that they will seek cabinet nod for both domestic and foreign investment so that infrastructural projects could be funded in a better way.
Since Independence we have added only 8, 000 kilometers new tracks
Modi Government emphasised on transforming the filthy stations into swanky ones and also vowed to provide better facilities in terms of safe food and water.
This Budget also gave some bitter pills by saying that the fuel adjustment formula (FCP) will continue which will make fare rise within the period of six months. But people should understand that railway can't be financed with populism and tall promises. If facilities have to be availed then one has to bear the burden too.
"An institution like the railways cannot be run in an ad-hoc manner. Institutional mechanisms are required for decision-making, vision and initiatives," the Prime Minister said after the Budget. "The budget will speed up development, modernise railways and provide greater security and services," Modi said in a video message.
Worse
Financial
State
Financial
health
of
Railway
is
in
grim
situation
and
it
could
be
well
understood
with
the
fact
that
it
has
to
spend
94
paisa
for
every
rupee
earned.
While
presenting
Budget
in
Parliament,
Gowda
said
an
amount
of
Rs
five
lakh
crores
is
needed
for
just
for
completion
of
pending
projects.
The
Minister
said,
of
the
676
projects
sanctioned
in
last
30
years,
which
are
worth
Rs
157,
883,
only
317
projects
could
be
completed.
359
projects
are
still
pending
for
their
completion,
funds
of
Rs
182,
000
crore
are
needed.
This
proves
that
the
erstwhile
Government
did
nothing
to
resuscitate
the
ailing
rail
networks
and
the
populism
of
UPA
has
made
things
worse
for
the
Indian
Railway.
UPA
sanctioned
Rs
60,000
crore
for
99
new
lines
during
10
year
of
its
rule
but
only
one
became
a
reality
till
date.
In
every
Budget,
Ministers
announce
numerous
trains,
lines
and
other
freebies
and
do
not
care
about
the
where
the
money
will
come
from.
But
this
time,
Modi
Government
has
made
it
clear
that
the
Indian
Railway
will
not
suffer.
Once
pride
of
India
Once
a
matter
of
pride,
one
of
the
largest
railway
network
of
world
is
in
a
dire
state
today.
In
the
past
67
years,
we
have
added
only
8,
000
kilometers
new
tracks.
In
1947
the
figure
was
55,000
kilometres
and
now
it
is
63,000
kilometers.
If
we
compare
this
figure
to
China
it
is
much
less.
Neighbour
country
had
27,000
route
kilometres
of
track
in
1947
which
has
now
reached
to
mammoth
78,000.
Time has come one should make effort to make Indian Railways which was once India's pride world class. And for that, such tough measures are must. I heap full praise on Modi Government who has dared to walk the talk. Before this Budget, not even a single Minister except Trinamool congress's Dinesh Trivedi had shown guts to take things head on. Dinesh Trivedi was shunted before he could sneeze. All other Ministers used Indian railways like their private property and their only concern was to get maximum number of trains for their own state. They were least interested in getting things back on track.
New Railway Minister has made all effort to make the Indian railway one of the best one in world. This rail budget is really laudable and best part of it is the mix of reality and big dreams. All steps like initiatives on modernisation, the bullet trains, upgrading technology and improving food quality are really commendable.