Bansal ready to talk to NCP over rail budget - Moneycontrol.com

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	Moneycontrol » News » Wire News Wed, Feb 27, 2013 at 19:02 Bansal ready to talk to NCP over rail budget Share Tweet Share on Tumblr Like this story, share it with millions of investors on M3 Bansal ready to talk to NCP over rail budget Bansal ready to talk to NCP over rail budget Like this story, share it with millions of investors on M3 Bansal ready to talk to NCP over rail budget Bansal ready to talk to NCP over rail budget Comments (1)   .   Share  .  Email  .  Print  .  A+A- To download current article in Word format, click here. New Delhi, Feb 27 (PTI) A day after NCP, a key ally of UPA, expressed grave disappointment over the rail budget, Railway Minister Pawan Kumar Bansal today said he is ready to talk to the party to sort out the issue. "I am ready to talk to them (NCP) to know the reason (of disappointment)", Bansal told reporters here. Hours after the railway budget was presented in the Lok Sabha yesterday, NCP chief Sharad Pawar had said at the UPA coordination committee that the government has "totally neglected" the problems faced by 80 lakh commuters in Mumbai and it is "not acceptable". Bansal said a total 32 new trains, including extension of service and increase of frequencies, have been announced for Maharashtra. "Besides, in suburban service alone, 72 additional services were announced in Mumbai," Bansal said adding "a multi-disciplinary training institute for training in rail- related electronics technologies will also be set up at Nagpur." He said some of the ambitious rail projects such as high speed train and elevated rail corridor are slated to be executed in Maharashtra. While Mumbai-Ahmedabad corridor has been selected for running bullet train at 300km per hour speed, the elevated Virar-Churchgate line will be the first route in the country to have AC suburban train. "There are some delays in the execution of elevated corridor between Virar-Churchgate. But the state government is yet to sign an agreement with railways for execution of the project," he said. Bansal further said he is ready to meet any MP or state representative who has issue over the budget. PTI ARU PAL Budget 2013: Will it help in reducing tax disputes and litigations? Lenders ask Paramount Air to repay dues before resuming ops To download current article in Word format, click here. Fresh perspectives from Dubai - click to explore!	Govt needs to take tough steps to revive economy 27 Feb 2013 13:55 Forget Budget 2013, it's rest of the year that matters 27 Feb 2013 15:44 Raghuram Rajan reads the riot act to UPA 27 Feb 2013 15:51 Decoding Economic Survey 2012-13 27 Feb 2013 13:08 more » Union Budget 2013 - 14: Lowering STT could ignite mkt: Blackridge Cap 27 Feb 2013 18:00 TCS & Cognizant to do better than peers: Cowen & Co 27 Feb 2013 16:02 Gold imports likely to fall on lower inflation: Rajan 27 Feb 2013 16:00 Global scenario greater mkt risk than Budget: Pramerica 27 Feb 2013 16:11 more » highlights Economic slowdown a wake-up call for stepping up reforms Future shift in RBI policy stance would be desirable. Tight RBI policy led to sharper-than-expected slowdown April-December data shows 5.3% fiscal gap aim 'achievable'. more » flashes Economic Survey in favour of widening tax base and prioritising expenditure WPI inflation may decline to 6.2-6.6% in March Indian economy likely to grow at 6.1-6.7% in FY14 FY13 GDP growth seen at 5% more » InterpretationS Railway minister has done a commendable job in meeting competing demands of improving services and controlling expenditure: PM It is a reformist and forward- looking Budget: PM If you look at the overall Budget, it was relatively muted and there was nothing exciting and no steps were taken, which would make the market happy: ICICI Direct There is no major capex from the civil construction on the freight corridor, though some investments are coming on the metro side: KEC International more » SECTOR IMPACT Select Sector to see impact Cement - Major Infrastructure - General Mining/Minerals Infrastructure - General 15:50 pm Rs 9,000 Cr allocated for Port, Mine connectivity; +ve for Gammon, L&T, NCC Larsen 1409.65 43.95 BHEL 206.55 4.55 Adani Ports 143.30 1.85 Siemens 520.15 -7.45 EXPECTATIONS Markets All Stock markets FII View Mutual Fund Others Commodities expectation on: Markets Anup Bagchi MD & CEO | ICICI Securities Budget 2013-14: Expect major FII inflows only post budget: ICICI Securities expectation on: Markets Arindam Ghosh MD & CEO | Blackridge Capital Union Budget 2013 - 14: Lowering STT could ignite mkt: Blackridge Cap expectation on: People Saurabh Mukherjea Head of Equities | Ambit Capital Sell-off due to funding crunch, not negative Budget: Ambit expectation on: Markets Ridham Desai MD and Head Of India Research | Morgan Stanley Budget 2013: Investors eye growth-deficit balance, says Ridham Desai expectation on: Markets Ashok Wadhwa Group CEO | Ambit Holdings Taxes, fiscal deficit key highlight this Budget: Ambit
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