Railway minister Piyush Goyal during the listing ceremony of India International exchange at BSE in Mumbai on Saturday. Photo: PTIMumbai: Aiming to fund rail expenditure through asset monetisation, railway minister Piyush Goyal said on Saturday he would be “satisfied” with any amount of capital allocation to the transport behemoth in the upcoming budget. Without giving details on the budget allocation for railways, Goyal told reporters in Mumbai that he is “satisfied with whatever has been proposed (in the budget). The railway budget was merged with the general budget last year. IRFC is a unit of the Indian Railways that helps raise financing for various other units of the transport PSU.
Source: Mint January 13, 2018 13:18 UTC