New Delhi: Prime Minister Manmohan Singh on Tuesday described the railway budget as "reformist" and "forward looking" and said it will help in meeting competing demands.

"It is a reformist and forward looking budget which presents a realistic picture of railway finances," said Singh.

He said Railway Minister PK Bansal had done "a commendable job" in meeting competing demands of improving services and controlling expenditure.

"I compliment the minister for his innovations in critical areas of railway infrastructure and paving the way for capacity expansion," the Prime Minister said.


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