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Railway Budget : Lalu presented the rail interim budget

admin February 13th, 2009

Railway Minister Lalu Prasad Yadav announced the interim railway Budget in Parliament . He said the railways has managed to earn a cash surplus of Rs 90,000 crore in five years. Lalu announced that he plans to invest Rs 35,900 crore in FY10.

Lalu announced 43 new trains and an across-the-board two per cent cut in fares of ordinary and AC class.

While making the Budget speech, Lalu said that the 43 new trains will start in 2009-10. Fourteen trains have been extended and frequency of 14 others increased. He also announced the introduction of a bullet train between New Delhi and Patna.

He also announced reduction in the fares of ordinary passenger trains by Re one for fares upto Rs 50 for journey above 10 km.

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