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India announces more new trains in railway budget | |
(about 3 hours later) | |
India's government has announced over 100 new trains in its railway budget but no changes in passenger charges. | |
Last month, the government raised passenger fares because it said the network was facing a loss. | |
India's state-owned railway operates more than 12,000 passenger trains and carries some 18 million passengers daily. | |
Indian Railways is also one of the world's largest employers, with more than 1.4 million people working for it. | Indian Railways is also one of the world's largest employers, with more than 1.4 million people working for it. |
Railway minister Pawan Kumar Bansal announced 103 new trains, including 67 new express trains. | |
He said there were no plans to further raise fares as they "were revised only in January". | |
Mr Bansal admitted the mounting losses had "resulted in deterioration of [passenger] services". | |
Correspondents say the government did not revise fares despite mounting losses because it faces general elections next year. | |
Among other highlights of the budget: | |
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The railway budget came two days ahead of the annual budget, which is widely expected to be an austere one. |