Banerjee warns of tighter times

Mumbai CST

INDIA: Internally-generated funding is likely to fall sharply this year, according to the Indian Railways budget for 2009-10 presented on July 3 by recently-appointed Railway Minister Mamata Banerjee. Noting the ‘continuing trend of recession’, she announced ‘more realistic’ projections than those set by her predecessor Lalu Prasad in his interim ...

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