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Rail Budget: Why Mumbai should not have high hopes
Updated On: 25 February, 2013 08:25 AM IST | | Shashank Rao
Probable downsizing of the total outlay for 2013-14 by the ministry is likely to hit development projects here; while railways sought budgetary support of Rs 38,000 crore from the Centre, the latter has approved only R26,000 crore
A suburban train network that ferries 75 lakh people every day cannot and will not be soft-pedalled by railway minister PK Bansal in his budget presentation tomorrow. But if Mumbaikars are anticipating a wagonload of goodies in the coming days then reality check is called for. The cash-strapped railways is looking at ways to scale down expenditure and increase revenues even at the cost of dropping a few popularity points, as it showed by hiking passenger fares last month. So, development projects in the city, already progressing at snail’s pace, may face further impediments. Both Western and Central Railway had incurred losses of up to Rs 800 crore in their suburban network till January 2013.

Rush hour: Thousands of Western Railway commuters throng the Churchgate station during peak hour
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