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RAILWAY BUDGET 2014-15
The country's creaky and overburdened railway infrastructure desperately needs to be modernised and expanded, and Prime Minister Narendra Modi has made up his mind to allow FDI in Indian Railways in order to help mobilise the resources needed.
Besides, the national transporter will also have its presence on YouTube.
Railways recently implemented a 14.2 per cent hike in passenger fares along with a 6.5 per cent raise in freight charges.
With the growth in passenger earnings declining, railways is likley to spell out its strategy to earn additional revenue to reach the target in the current fiscal.
Railway Minister DV Sadananda Gowda present his maiden Railway Budget in Parliament.
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