Railway Budget 2008

Laloo Prasad Yadav presents his last budget today. Like his all other budget, this years budget was also pro poor. Indian Railways had a cash surplus of Rs 25000 crore in FY08 with an operating ratio of 76%.

Sleeper fares were cut by 5% as compared to last year’s reduction of 4%. AC first class saw a cut by 7%, AC- 2Tier class by 4%, AC-3Tier by 2% as against last year's 3%, 2% and 4% respectively.

Check out detailed commentary here on moneycontrol.com