Dinesh Trivedi demands bailout for Railways
- 5 years ago
Railway Minister Dinesh Trivedi seeks a 10,000 crore bailout for the cash strapped railways. Trivedi wants this corpus fund along lines of National Rural Health Mission. But unlike the bailout demanded by Air India, Trivedi wants to get the government on board in rebuilding railway coffers. Indian Railways is now staring due to budget deficit, a hike in employees' salary in accordance with 6th pay commission recommendation and has already exhausted scopes of generating funds internally.