Having done a pre-Budget hike of 14.2 percent in passenger fares and raised freight rates, Railway Minister Sadananda Gowda's will present his maiden Rail Budget on Tuesday.<br /><br />Union Railway Minister is likely to adopt a realistic approach in announcing new trains, lines and survey in view of the cash crunch of Rs 26,000 crore.<br /><br />With the growth in passenger earnings declining, railways is likley to spell out its strategy to earn additional revenue to reach the target in the current fiscal.<br /><br />While many unviable projects may be scrapped, Gowda will also announce some new projects on priority basis in the Rail Budget 2014-15.<br /><br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
