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Tripura resents Rail Budget

Agartala, Feb 28 (UNI) Political leaders and economic experts here today expressed resentment towards the proposed Railway budget, alleging that this would keep the northeastern states, especially Tripura, grossly neglected.

Transport Minister Manik De sharply reacted to the proposed railway budget. The state expected that the extension of rail track from Agartala to Sabroom will be included in this year`s budget, he said yesterday.

With the help of the people we would put pressure on the Centre to include this project in the budget, he said.

The ruling Left Front also confronted Railway Minister Lalu Prasad over the question of the much-awaited Kumarghat-Agartala railway extension in his Rs 31,000 crore budget.

Agartala was expected to see the rail-head by 2007-end, but now without any specific fund allocation the extension might get delayed, he feared.

Mr Prasad has sought a meager additional fund of Rs 2,725 crore from the Ministry of Finance for the national projects of Jammu and Kashmir and the Northeast. These include Udhamput-Srinagar-Baramulla, Jiribam-Imphal Road (Tapul) and Kumarghat-Agartala new line and Lumding-Silchar-Jiribam gauge conversion project.

There was no reference of railway extension up to Sabrm and it is anticipated that a major portion of the Rs 2,725 crore fund would go to Jammu and Kashmir.

UNI

No relief to commoners in budget: Naveen

Bhubaneswar, Feb 28 (UNI) Orissa Chief Minister Naveen Patnaik today said the Union Budget presented by Finance Minister P Chidambaram has not provided any relief to the common man. Describing the budget as 'more disappointing,' Mr Patnaik told mediapersons here that the rising inflation will affect the livelihood of the common man directly as no definite and concrete measures to contain the inflationary measures had been outlined in the budget. On the agriculture front, the Chief Minister said adequate outlay has.....

Myanmarese business deligation visits NE

Aizawl, Feb 28(UNI) In a bid to improve bilateral trade between North Eastern states and Myanmar, a 35-member business delegation, including representatives of Myanmar Economic Bank (MEB) and trade bodies of Myanmar, would reach Mizoram today. State commerce department officials here said the delegation members were scheduled to meet the ministers concerned and senior officials of the states during their seven-day visit to the region. ''The delegation will also visit tea gardens, textile units, agro-based industries and fisheries of the states.....

Mixed reactions to budget proposals by TATAs, SAIL and EEPC

Kolkata, Feb 28 (UNI) SAIL Chairman S K Rungta and Tata Steel Managing Director B Muthuraman said today's Union Budget was directed towards ensuring long-term growth of Indian economy. Reacting to 2007-08 Union budget, Mr Muthuraman said the budget was ''more focussed to bring the under-performing sectors to perform without jeopardising the growth trajectory of the overall economy''. However, the increase in dividend distribution tax and cess on education were likely to increase the tax burden on corporates, he felt......
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