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Friday, February 17, 2012

Railway Could Go Air India Way If Money Not Pumped In, Says Trivedi

Railway Minister Dinesh Trivedi today cautioned railway could go the Air India way if money was not pumped in the cash-strapped national transporter, as an official committee proposed cess to generate money to upgrade safety mechanism.

Trivedi said government should “prioritise” its focus while considering railways’ financial condition as it adds to the GDP and directly affects the common man. “I am afraid it (Indian Railways) can go Air India’s way,” he told reporters here while reminding of the government’s bail-out to Air India.

From: http://ping.fm/EkcTn

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