Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Tuesday, February 26, 2008

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
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