Rail Budget 2015: No Increase in Passenger Fares, No New Trains Announced

Railway Minister Suresh Prabhu announced no new trains in his Railway Budget today. He also said that there will be no increase in passenger fares, disappointing markets. In a 70-minute speech that carried the distinct imprint of Prime Minister Narendra Modi - Mr Prabhu referenced his pet schemes like Swachch Bharat, Digital India and Make in India - the rail minister emphasised that the "vicious cycle of underinvestment" must end in the bleeding railways.