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Railways to demand Rs 14,000-cr outlay.
Byline: J Padmapriya
: The annual ritual of haggling for enhanced central support has begun with the Railways, the only other ministry that presents its own Budget, coming to the Centre with a jumbo-sized Plan outlay of about Rs 14,000 crore against Rs 11,090 last year.
The deviation this time is that the demand for Budget support is nearly three times higher than what Railways got last year. The requirement stands at Rs 9,690 crore against the actual outlay of Rs 3,540 crore in 2001-02. A realistic Plan size that is expected to emerge after deliberations between railway ministry and the Planning Commission could be close to Rs 10,350 crore, but with a higher budgetary component.
The new heads under which Railways wants extra dole-out are last-mile projects and the special railway safety fund. While 2001-02 saw an additional assistance of over Rs 2,500 crore under these heads, the finance ministry is not too keen on a repeat performance this year.
The last-mile fund assistance was singular to fiscal 2001-02 when the government was hell-bent on boosting public investment to the economy. As a result, Railways benefited as it is one ministry which has a huge shelf of projects.
The ...
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