Finance Minister Pranab Mukherjee complimented Railway Minister Mamata Banerjee for presenting a “good budget” despite difficult financial situation arising out of increased wage burden.
“She has to work in very difficult situation and on the whole it is a good budget,” Mr. Mukherjee told reporters here after the Railway Budget was presented in Parliament.
He said the Railways is facing resource constraint because of salary hike recommended by the Sixth Pay Commission.
Even so, the Railways has recommended a dividend of 6 per cent to the general exchequer.
“I think railway has been giving six per cent (dividend),” he said.
Gross Budgetary Support (GBS) this year will be Rs 20,000 crore for various projects the Railways Minister has announced, he said.
Keywords: Railway Budget 2011