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23 Feb
Posted by Shyam as Market News
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The Indian railway budget which is all set to be tabled in Parliament tomorrow on Feb 24th 2010 has a lot of expectations from the people of the country travelling on regular basis. Lets check out a wish list of Indian travellers. Ms.Mamata Banerjee will be presenting the Indian railway budget for 2010-11. The railway budget may put more emphasis on the PPP model( Public private partnership) which will eventually attract more private partnership into Indian railways.
Some analyst are of the view that we may see fares going upward by 10-15% to compensate for the rising costs everywhere. This will certainly put more burden on the end users in inflationary times. Some announcement on freight rates is also expected in tomorrows railway budget 2010-11. In all Ms.Mamata Banerjee has to satisfy a large user group keeping the business interest of the Railways in mind which is already making huge profits since a couple of years. Please checking the space for more updates on Indian Railway Budget 2010-11.
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