Rail budget well thought out, non-populist, says KPMG

Hailing the Railway Budget as "well thought-out" and non-populist, global consultancy KPMG today said it provides the much needed strategic financial headroom required for the railways to make critical investments in its modernisation and expansion plans.

"The much-needed support for PPP as a significant source of investment capital is the backbone of providing the strategic financial headspace," KPMG said in a statement.

The budget appears to be very well thought out and having something for all its stakeholders without being populist, it said.

According to KPMG, using modern technology to enhance safety and security, as well as improving management by deciding to adopt an ERP (enterprise resource planning), is a welcome step.

"We hope that there is also a focus on energy efficiency in order to bring down the operational costs, thus improving operational profitability," the statement said.

However, in addition to all the positive steps laid out in the rail budget, it would have been helpful if there was focus on non-traffic revenue generation to enhance profitability of railways, it said adding measures should be adopted to enhance domestic capability for modernisation of railways.


  • Despite challenges, India’s target of 33-35% reduction of carbon emission can be achieved

    There are responsibilities which go with being a global power and there is no issue bigger than environment where a country has to demonstrate it mean


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Tushar Gandhi

Will Digital India feed the starving?

For the past few days, Digital India has become as ...

Purnendu Ghosh

Spending time in a fictional world

Our world consists of both fiction and non-fiction. Our reaction ...

Shona Adhikari

Tapestries have become the talk of the town

Bringing various forms of art together in festivals, is what ...


William D. Green

Chairman & CEO, Accenture