Industrialists feel happy
Hyderabad, February 26, 2007Reacting over the Railway Budget that was presented by the Union Minister Lalu Prasad Yadav on Monday, the FICCI State council chaiman C. Pardhasarady commented that the way the Minister showed for Railways to work like a private sector corporation. By cutting passenger fares and leaving freight rates untouched, the Minister's strategy seems to be to get a larger share of passenger and freight traffic.
The State got in the budget is as follows -New Lines: Kadapa-Bangalore, Samarlkot-Kakinada, Markapuam-Srisailam, Survey on 3rd line between Secunderabad, Bhonigir, Mudkhed-Parmani, Guduru-Durgarajpatnam and Puttaparti-Kadiri via Nallamala. The new trains Secunderabad-Bangalore Garib Rath, MTM-Tirupati to run daily and the other are 30 stations to be developed as models and 12 new road over bridges.
The FAPCCI president Sudhir Singh complimented the minister for achieving high surplus without burdening the common man and welcomed the budget. While, CITU state secretary R. Sudha Bhaskar and general secretary S. Veeraiah commented that the proposed privatization through back door.
Join Discussions on AndhraNews.com
