---Acharia not impressed with rail budget--- We expected rail budget will take steps to overcome the financial crisis. There is nothing in it. PPP has also not worked in the railways, he said, adding that the idea behind an independent freight regulatory authority was to reduce cross-subsidy which would burden the common man. When the post-liberalization history of Indian Railways will be written, Basudeb Acharia of CPM will deserve more than a few pages. Even as the most abiding remnant of the Raj is struggling to grapple with the new economic discourse dominated by tools of public-private partnership and foreign direct investment as panacea, Acharia has been a lone ranger reminding successive railway ministers not to chase profit alone but also look at social responsibility. Year after year on the day of railway budget, Acharias is the most sought after reaction. On Wednesday, even before his party had firmed up its reaction, Acharia had read the fine print. No longer a part of the standing committee on railways - he had to move out in 2009 when Mamata Banerjee became railway minister and insisted he should not be part of it -- Acharia was critical of Mallikarjun Kharges budget. We expected rail budget will take steps to overcome the financial crisis. There is nothing in it. PPP has also not worked in the railways, he said, adding that the idea behind an independent freight regulatory authority was to reduce cross-subsidy which would burden the common man. timesofindia.indiatimes/business/india-business/Acharia-not-impressed-with-rail-budget/articleshow/30313123.cms
Posted on: Tue, 11 Mar 2014 15:54:28 +0000
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