The Hindu Business Line : Tuesday, February 27, 2007

BUDGET
In Budget-making, inflation is best ignored
Perhaps, the best thing for the Finance Minister to do is relax and concentrate on carrying forward the growth momentum than to think too much about the inflation numbers and seeking to provide intermediate solutions to contain it. More

Making it less taxing for all
Union Budgets are an up and down exercise. Certain tax rates are raised and some others lowered. There is often not too much innovation in the exercise. For instance, personal income-tax works on a slab system, with step-up rates. This acts as ... More

RAILWAY BUDGET
All signals green for a Railways on the move
Reducing passenger fares across-the-board and maintaining freight tariffs at existing levels reflect the improved financial position and the confidence in garnering traffic in a booming economy. More

Rail Budget — A pull for industry
If there was one word that was coming through constantly in the Railway budget, it was investment. The Railways will be investing massively in shoring up and creating new capacities across all areas. More

Rlys catches on to volumes game
Railways' business-friendly gesture not only brought a chunk of freight traffic back to the rail that was earlier lost to roads but also set its cash register ringing, driving home the message that accent on volume rather than on rate is what marks a winner from a also-ran. More

Railway Budget 2007-08 — On track to fuel growth, de-rail inflation
The Rail Budget is well-focussed on the need to contain inflation, equip the system for future growth and make it comparable to any other in the world. While the freight sector initiative and the investment strategy appear to be in the right directio n, the fare cut across the board may be a source for concern, says VIJAYALAKSHMI VISWANATHAN. More

Fast-tracking rolling stock, loco production capacity
In his Budget speech today, the Railway Minister, Mr Lalu Prasad, singled out nine PSUs (public sector undertakings) under the Ministry for a special mention — for performing profitably and contributing substantially to the Railway's kitty. ... More

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