Funds for Railways
The Finance Minister Shri P. Chidambaram
has said that new instruments and new mechanisms have to be identified to raise
funds for railway projects. Presenting the Interim Budget in the Parliament
today, he said budgetary support to railways has been increased from Rs. 26,000
crore, as it was in the Budget Estimates of 2013-14, to RS. 29,000 crore in the
current budget of 2014-15. He said the railways need to mobilise huge resources
through market borrowing and Private Public Partnership (PPP schemes).
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