In the Gyanee Family's take, CNBC TV18 shows their "Agayanata" (ignorance).....
You must have read the "Gyanee Family's" take in www.moneycontrol.com and their TV Channel, CNBC TV18. These fellows first called this Railway budget a "disaster" (the great Lata Venkatesh) and then called it "Pedestrian". Then they came out with a cartoon series probably in a hurry may be to poo pooph their critics in the form of "Gyanee Family's take"--but this unfortunately only showed their "Agayanata" on the subject. Let me explain how...Let us this one as example:
## Train fares remain unchanged leaving my travel budge intact......
The above line simply tells one part of the story. It is because in the days of cheaper air fares, it would be difficult to maintain profitably of the railways if minister after minister goes in for the hike of railway fares. The point is, "If the cows milk is available at a cheaper rate then why should one buy a cow". Similarly if the other modes of transport, especially if the travelling through air, becomes cheaper then why would a person go by train? Will he or she not opt for airlines...? Hence Mamata didi has opted the globalization route to make the railways competitive and at the same time, she has made it affordable for the middle class.
##More long distance express trains means I can visit my home town more often.
This one is also one part of the story as increasing the frequency of long distance trains does not only mean increase in the frequency of visit but it also reduces the load capacity per train. Those who travel from Guwahati to Kolkata too often by Saraighat Express knows why I have mentioned that. In that route two trains plying everyday and anther plying thrice a week is not able to stop the rush of passengers. Hence this effort will not only reduce the rush of passengers but also it will make of travelling easy for those who opts for sudden visits/journeys.
##Oh no! The railway stocks have tumbled. Mamtadidi should have announced more practical steps.
In my more than 15 years in the stock market I have never seen that stocks tumble on the basis of whether the Railway minister takes practical or non-practical steps. If even before the birth of a child, the rumours are spread that the child would be deformed, then even after a child is born normal, many people would not believe. The way negative campaigns have been carried out by vested interest groups working against Dr.Mamata Banerjee in collusion with CNBC TV18, had only made the railway stocks tank. At least Mamata Banerjee is not Laloo Prasad Yadav, who prepared fudged accounts and balance sheets to show the railways in the profitability. It is actually the notorious power hungry, Laloo Prasad Yadav who destroyed the Railways and not Mamata didi.
But these jokers of CNBC TV 18 failed to mention two major things:
(i) Freight loading of 993 MT and passenger growth of 6.4 per cent estimated for 2011-12.
(ii) Gross Traffic Receipts at Rs.1,06,239 crore, exceeding one lakh crore mark for the first time estimated. SO HOW CAN THIS BUDGET BE A DISASTER....!!
##The number of local trains have been increased. Hurray! No more crowded train travel.
In these two lines mentioned above, they might be talking of providing 47 additional suburban services in Mumbai and 50 new suburban services proposed for Kolkata. If that is the case, then I think these efforts are still indequate to control huge gush of traffic in both these cities.
In Mumbai the traffic snarl during the peak hours is so great, especially in the Western Suburbs, that even after putting trains so frequently, make the passengers sweat their blood out, to board even the 1st class coaches. It will be good if I do not take the name of Kolkata regarding overcrowding of local trains, where people literally travel one others head during peak hours. So if Mamata didi wants to increase the frequency of local trains in these two Metros to make the life of the passengers smooth, what is the problem with CNBC TV 18 and the rest of the MPs around India??!! The things might not change overnight, but then is this not a good attempt to solve the commuting problem in these two cities-though lot of questions could be raised at where are the additional railway track to make these trains functional--however, where there is a will there is a way. Moreover, overcrowding of local buses in Kolkata in early 1970s did not get solved by putting more buses on the road but by bringing in Metro Rail. DR.Banerjee is railway minister for India and these two cities are in India only--isn't it?!! Is Mamata didi talking of putting new local trains in Malaysia or Singapore.
Moreover, they (CNBC TV18) brought in an official from Essar Group who said, "The revenue generation might not be practical"--the same Essar group, whose work is only to cheat the shareholders and amass wealth...so what right they have to question the revenue generation of Railway minister--it would be better if "Essar Group" fellow increase their efficieny and operating ratio levels rather than advising railway minister.
Another two so-called experts brought by CNBC TV18, said the projects looks unimplementable.....don't know why the projects looks unimplementable..?? Is it because Mamata didi is a lady or because she is the face of North East, Orissa and Bengal...?? For your kind information let me say how the series of previous railway ministers behaved regarding one project which I covered for a newspaper in Assam in late 1990s.
Ram Bilas Paswan, laid the foundation stone of gauge conversion of less than 400 km, from Silchar (South Assam) to Lumding in 1996 when the congress heavy weight, Mr.Santosh Mohan Dev, was MP from Silchar, Assam. Do you know what has happened to this very small project--half of it is still not completed (14 years have passed in between) due to lack of funds from Railways. And you know in between Laloo Yadav was talking big about making railways profitable....!! So who were railways ministers after Ram Bilash Paswan; they were Mr.Nitish Kumar, Mr.Laloo Yadav and one term of Mamata Banerjee !! The gauge conversion is still going on and no one knows when this portion would get completed. This is Indian railways which Dr.Banerjee took over from Laloo Prasad Yadav. Hence why blame Mamata Banerjee for all the rots created by the trio, Ram Bilas Paswan, Nitish Kumar and Laloo Yadav??!! Earlier, another railways minister from Bengal, (from famous mango growing district of Malda) Late Abdul Barkat Ghani Khan Choudhury also did a lot not only for Bengal but also for the rest of India--he was also an honest man like Mamata didi.
THUS PUTTING A "GYANEE FAMILY TREE" CNBC TV18 HAS ONLY SHOWED THEIR IGNORANCE ON THE SUBJECT....!!
