27 Jun, 2013
ITC Sheraton Hotel, New Delhi
Home >> Other >>
Wednesday, March 14, 2012 - 05:30 IST
Rail Budget 2012: Govt Bucks Populist Trend To Raise Fares
BY Reuters
Passenger fares were last raised before the Congress party won its first term in office in 2004.
India will raise railway passenger fares for the first time in eight years, snapping a populist trend to help mend the finances of a creaking network that is a bottleneck for growth in Asia's third-largest economy.
The railway...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
JOBS
- Private Equity - Nereus Capital
- Associate - Red Fort Capital Advisors Pvt Ltd
RECENT COMMENTS
- 19 June 2013RaxitonVrishank, gr8 interview, met shailesh few months back and really impressed!
- 18 June 2013Vijay SambamurthionWith all due respect.....I disagree with most of this article! The author has cleverly employed rhetoric to make a...
- 18 June 2013ManishonSandeep, your article does not provide any substantial reasons on why marketplace is more difficult than inventory-led...
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
UPCOMING EVENTSchinetwork