Union Railway Minister Suresh Prabhu gives final touches to the Railway Budget 2016 in his office in New Delhi. (PTI photo)
New Delhi:
Railway Minister Suresh Prabhu today said that the Rail Budget will cater to the needs of all "satisfactorily" as a lot of effort has gone into its preparation.
"The Rail Budget we have prepared is in the interest of the nation and railways," said Mr Prabhu, who will present his second Rail Budget tomorrow in Parliament after assuming charge of the ministry.
"We have tried to meet the needs of all satisfactorily. A lot of effort has gone into making the budget. We have taken the ground reality into consideration before finalising it," he said.
Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said, adding that a separate directorate is being planned for this purpose.
"The Rail Budget we have prepared is in the interest of the nation and railways," said Mr Prabhu, who will present his second Rail Budget tomorrow in Parliament after assuming charge of the ministry.
"We have tried to meet the needs of all satisfactorily. A lot of effort has gone into making the budget. We have taken the ground reality into consideration before finalising it," he said.
Efforts are on to generate revenue for railways through non-tariff sources like advertising, commercialisation of surplus land, official sources said, adding that a separate directorate is being planned for this purpose.
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