Emphasis on Consolidation in Railway Budget (2014-15)

The Railway Budget for 2014-15 prudently lays emphasis on consolidation rather than succumbing to the temptation to announce new projects. The railways enjoy a competitive advantage in long distance movement which is what they should focus on. At the same time the proposal to start preliminary work...

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Bibliographic Details
Published in:Economic and political weekly 2014-07, Vol.49 (30), p.12-14
Main Author: SRIRAMAN, S
Format: Article
Language:English
Subjects:
Budget
Budgets
COMMENTARY
Costs
Freight
High speed trains
Long distance telephone services
Marginal costs
Passengers
Prices
Prices and rates
Proposals
Rail freight
Railroads
Roads
Social movements
Tariffs
Transportation services
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Summary:The Railway Budget for 2014-15 prudently lays emphasis on consolidation rather than succumbing to the temptation to announce new projects. The railways enjoy a competitive advantage in long distance movement which is what they should focus on. At the same time the proposal to start preliminary work on select high-speed rail corridors for passenger traffic is not advisable.
ISSN:0012-9976
2349-8846