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Tuesday, March 11, 2008 (20:50:01)

Railways set to pile up surplus of Rs 1,00,000 cr: Lalu
Lalu Prasad Yadav

New Delhi: Set to gather further steam in the next one year with a huge surplus of Rs 1,00,000 crore, Indian Railways will begin the much-awaited Kolkata-Dhaka service from April 14, 2008. “In a historic decision, we have decided that the Kolkata-Dhaka train service would begin from the Bengali New Year (April 14),” said Railway Minister, Lalu Prasad Yadav while replying to a debate on the Railway Budget 2008-09 which was passed by the Lok Sabha.

Hitting out at the previous National Democratic Alliance (NDA) government for poor performance of the railways and inability to pay even Rs 2473 crores dividend, Yadav said that when the United Progressive Alliance (UPA) government completes its term next year the Railways would have a total surplus of about Rs 1,00,000 crore. It has already generated a surplus of Rs 69,000 crore in the past four years. “We are not dependent any more on the Finance Ministry or the government for money as we have our own resources” Prasad said winding up a marathon debate.

Further, the Minister stated that the Indian Railways which has reached number three position in the world would aspire to occupy the number one slot in the near future. “Tendering process for the ambitious Dedicated Freight Corridors (DFCs) is over and the work on the projects would begin soon,” Prasad said, adding that irrespective of funding from foreign institutions, Railways has decided to go ahead with the East and West DFCs. (PTI)
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