Railway Budget

Railway Minister Lalu Yadav on Friday announced fare cut in AC and mail express trains by 2%. He also announced the introduction of 43 new trains and kept freight rates unchanged. ( Watch )
Railways would introduce wagons with higher capacity. Railways to spend Rs 23,000 crore in 2009-10.

He presented an interim budget this time as elections are due soon and by convention the presentation of the regular budget in an election year is left to a new government.

The regular rail budget presented last year reduced fares across the board besides focusing on hygiene, punctuality, new routes, better coaches and mobile ticketing.

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