Railway Budget 2010 – I’m sorry we didn’t cover it earlier.
I hope you understand because just like the rest of India, we too were watching
Sachin Tendulkar hammer the South
Africans by belting the first double hundred in the history of One Day Cricket!
And
after the full on explosion provided by Sachin, it took one whole day to
recover from the magnitude of what we witnessed in Gwalior. Sachin Tendulkar’s innings
totally ‘pwned’ Mamata Banerjee’s Rail Budget!
Better
late than never but, here is The India
Street’s review of the 2010 Indian Union Railway Budget.
Presenting
her second rail Budget, Mamata Banerjee
the loudmouth from West Bengal has made her focus clear.
Mamata
Banerjee’s first Railway Budget was presented today without too much pomp or show.
The sort of entertainment that we have seen from the former Rail Minister Lalu
Yadav was noticeably missing and definitely missed.
The
woman personally responsible for the shifting of the Tata Nano project from West
Bengal to Gujarat has delivered a Railways Budget that can at best be
classified as ‘neither here nor there’. An average Budget – not very commercial
or economically minded but balanced by its populist and socialist nature.
In what has been his last budget
as the Railways Minister in the incumbent government, Lalu Prasad Yadav has presented an Interim Rail Budget characterized by the realities of the economy
and the political sphere. It’s been a finely balanced act that’s been aimed at
pleasing everyone. The Rail Budget for 2009 will in future hardly be remembered
for the provisions it contains. Rather it will be remembered as what could be
the last budget presented by a man with a very colorful personality and more
importantly the man who has triumphantly turned around the financial fortunes
of the Indian Railways.
In what has been his last budget
as the Railways Minister in the incumbent government, Lalu Prasad Yadav has presented an Interim Rail Budget characterized by the realities of the economy
and the political sphere. It’s been a finely balanced act that’s been aimed at
pleasing everyone. The Rail Budget for 2009 will in future hardly be remembered
for the provisions it contains. Rather it will be remembered as what could be
the last budget presented by a man with a very colorful personality and more
importantly the man who has triumphantly turned around the financial fortunes
of the Indian Railways. 