CII welcomes Mamata's 'unique' Railway Budget

Posted By: Staff
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New Delhi, Jul 3: After endorsing the Economic survey 2008-09, the Confederation of Indian Industry (CII) on Friday, Jun 3 welcomed the Railway budget 2009-10 presented by Minister Mamata Banerjee.

"This budget is unique in the way inclusivity and overall development has been the focus without losing focus on safety, technology adoption and commercialization while providing opportunities for industry though its capacity expansion programme and setting up infrastructure through PPP mode", said Chandrajit Banerjee, Director General, CII.

"The move to not increase fares and yet undertake developmental and capacity expansion plans with revenue coming from commercial use of railway property is an innovative approach," he added.


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