RAILWAY BUDGET: Passenger fares cut across the board. Freight rates unchanged. Lalu Prasad plans rail electrification expansion in the 11th Plan, in addition to increase IT spending. Investment for freight corridor at Rs30,000 cr with construction due in the next financial year. About Rs5,000 cr investment for Mumbai local trains to expand capacity. Railway tickets to be made available in petrol pumps and ATMs. - Livemint
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