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Why Railway Modernisation Needs to Get on Track

  • In the next few days, when the Minister for Railways, Dinesh Trivedi, presents his first Railway Budget in Parliament, he faces a historic opportunity and a daunting challenge to "depoliticise" the Railways by enforcing long overdue financial reform and modernisation.

  • Successive Railway ministers have brushed these issues aside, preferring to dole out populist promises that they cannot fulfil without drawing down scarce public resources.In the last few years, widespread and increased recognition of the Railways' financial crisis has emerged.Will the FM raise tax exemption limits? Will he manage to keep both industrialists and common people happy? To know all about Union Budget 2012-13, Click here!

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