Srinivas
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Garbage budget seems to have been dictated by Mamta Banerjee herself. Instead of raising long overdue civilian tariff modi raises freight again (already among the highest in the world). The increased freight rates, especially coal with the new auctioned prices will set off an inflationary trend in power quite soon.
I'm sure even the usual Bhakt whitewashing is not going to erase the blot off this incompetent exercise. The markets, meanwhile are tanking again, learnig the hard way what I have been saying for a long time. This emperor is running stark naked on the streets.
Rail Budget 2015: No Increase in Passenger Fares, No New Trains Announced – NDTV Profit
@Bang Galore @DRAY -- no economic messiah here I'm afraid.
Seems they have plans to invite foreign investments in specific routes. They are expecting FDI's.
There is no need to give profit earning sectors to FDI in the name of tech. development and up gradation though.