Rlys to take at least 50 yrs to complete pending projects: Govt
Friday, November 30, 2012
In a virtual admission of the acute strain on Railways'
finances, the Government said here on Thursday that it
would take at least 50 years for the pending projects to
see the light of the day if the country's largest
transporter keeps improving its resources with the
present speed.
Railway Minister Pawan Kumar Bansal told the Lok Sabha
that the Ministry needs at least Rs. 4 lakh crore to
complete the projects that have been announced in the
past. "We have been spreading our resources very thinly
across the board and across the large number of
projects," Bansal admitted.
The Railway Minister did not give a direct answer to the
"political question" about hike in fare raised by
Trinamool MP Saugata Roy, but left no one in doubt about
his intentions in saying that he would "expect the House
to be realistic".
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Jai Maharaj, Jyotishi
Om Shanti