Railways targets Rs 20,000 crore profit next year: Lalu

By Staff
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Google Oneindia News

Hyderabad, Oct 14 (UNI) Union Minister for Railways Lalu Prasad today said the railways had targetted to achieve Rs 20,000 crore profit by next year as against Rs 13,500 crore earned during this year.

Releasing a Commemorative Special Postal Cover and a new logo of South Central Railway (SCR) on the occasion of 'Ruby Jubilee Celebrations' of the SCR here, he said the ministry was committed to take the Indian railways on top, which stood at third position in the world at present.

Stating that the railways would estabish exclusive outlets to sell farmer produce in all railway stations in the country, he said the ministry was also planning to erect cold storage and processing units at 7,700 railway stations to promote agriculture and marketing the agro based products.

Observing that the IT industry alone could not solve the problems of the country, Mr Lalu said global tenders would be invited to construct cold storage and processing units at all railway stations.

Stating that the railways also provide container facility to transport aricultural products in the country, the minister said exclusive third line for frieght carriage would be laid between Ludhiana-Howrah, Delhi-Mumbai and Chennai to Howrah in the coming years.

Alleging that the previous NDA Government has conspired to privatise the Railways, he said the UPA Government has not increased the freight and passenger fares, since it came to power.

UNI AP KVV PR RN1957

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