Railway Budget News
Rlys to take largest-ever Plan size cut this year
At a time when the government is pushing cash-rich public sector companies to pep up the economy through greater spending, the railways are likely to cut Plan expenditure by Rs 9,079 crore this year. Senior officials said the cut was due to some anticipated projects not taking off and internal revenue generation not meeting the target. This would be the largest cut in railway Plan expenditure.India
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