Indian Railways Budget Speech 2002-03 Speech of Shri Nitish
Indian Railways Budget Speech 2002-03 Speech of Shri Nitish Kumar Introducing the Railway Budget for 2002-2003, on 26 th February 2002 Mr. Speaker Sir, I rise to present the Budget Estimates for 2002-2003 for the Indian Railways. Introduction 2. The year 2002-2003 will mark the 150 th year of Railways’ dedicated and glorious service to the nation. In these years, the organisation has grown from a mere 32 km to a vast network of more than 62 thousand route kilometres. In its long years of service to the nation, the organisation has, at various times, faced difficult and different challenges, but with the help of its built-in resilience, overcome all of them. At all times, during peace and war, droughts and flood, national calamities or peak time requirements, Railways and Railwaymen have never been found wanting. We will be celebrating the 150 th year of the Indian Railways in a befitting manner and also use the opportunity to boost tourism, especially by rail. 3. To meet the requirements of its users, be it freight or passenger or other subsidiary services, Railways have, at different times, instituted many policy changes and have carried out capacity expansion and modernisation works and are fully geared to meet the transportation challenges ahead. 4. Winds of change are blowing across the country’s economic scenario and Indian Railway being the backbone of Indian economy, also needs to change to meet the current economic challenges. We are addressing ourselves to this need and have initiated a number of steps in this direction.
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