NewsX Exclusive: Is this a Transformational Budget?

Rail Budget 2015: The freight hike announced in the Railway Budget for 2015-16 is likely to drive up the prices of certain critical items such as cement, coal, steel, and iron ore.

The increase in freight rates for select products has been in the range of two to 10 per cent. The manufacturing cost for cement is likely to go up by Rs.7-10 a bag of 50 kg due to the proposed freight hike on various inputs and the commodity, but domestic firms would prefer to wait for the main Budget to take a call on raising the price.


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