Bansal pens a tragic budget by putting money in all the wrong places

Bansal pens a tragic budget by putting money in all the wrong places

R Jagannathan February 26, 2013, 17:26:57 IST

An already underfunded Indian Railways will be further burdened by the populist move of recruting 1,52,000 new staff, that already has over 14 lakh employees. Pawan Bansal has indulged in cheap talk, and avoided vital investments that would ensure the future of the Indian Railways.

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Bansal pens a tragic budget by putting money in all the wrong places
Reuters

An already underfunded Indian Railways will be further burdened by the populist move of recruting 1,52,000 new staff, that already has over 14 lakh employees. Pawan Bansal has indulged in cheap talk, and avoided vital investments that would ensure the future of the Indian Railways.

R Jagannathan is the Editor-in-Chief of Firstpost. see more

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