INDIA: RAILWAY BUDGET 2014-15
GOWDA REINVENTS BURIED REFORMS AGENDA, FIXING FAULTS REMAINS A BIG CHALLEGE
2014-07-08 12:26 -Few would believe their ears when the Union Railway Minister Mr. D.V. Sadananda Gowda presenting the maiden railway budget of the BJP-led National Democratic Alliance Government frankly conceded that an organization of big magnitude “vested with varied responsibilities is expected to earn like a commercial enterprise but serve like a welfare organization”. Stretching the imagery further he hit the nail on the head by stating that these two objectives are “like two rails of the railway track, which though travel together but never meet”. What a candid confession that the system he is presiding over had been milked arid over the years by successive railway ministers who preceded him so much so that social service obligation of providing concessional carriage of both passenger and the freight had bled the system black and blue, leaving little resources for maintenance and expansion of the network!