That's right, fare is heavily subsidized but the main reason of losses incurred is corruption in railways that eats up more than half the possible profits. If they can save railways from corruption perhaps they can earn better and spend it on better facilities.

All in all it seems to be a well balanced budget where they want to give importance to unfinished and already started projects reather than go on announcing hunbdreds of new projects which never take off but remain on paper only like it was done during Lalus time...

SurshSuresh Prabhu, well before the budget presentation gave a hint, that there won't beany hike in the fares. The stress is on providing modern amenities, fast trains and Clealiness .

Here are more details of the railway budget. 

http://zeenews.india.com/news/india/rail-budget-2015-in-simple-words_1552948.html

Thank you sir. Right now, I'm watching the TV.

I really appreciate and surprise the central government decision in not increasing the fare. In Tamilnadu most of the buses are converted in to semi deluxe and deluxe without giving much facilities. Bus fares are also high. Whenever government increasing the fare they simply saying that comparing with other states our fares are very low. When Tamilnadu government increasing bus fare from RS.15 to 30 the politicians are keep quite but at the same time central govt increase the fare they are shouting. Actually speaking the train fare is very cheap but how central government managing this is really a great task. We can heard that people travelling without ticket in train is possible until TTR check the tickets but in the case of bus travel there is no possibility of making fraud.

The most bad thing about Budget 2015 is that Reservation can be done 120 day before. This create problem for many passengers including me.

On the whole, it's a people friendly realistic rail budget, with astress on, completing the unfinished projects lying in cold storage since decades.

I find the railway budget very well-balanced. No new trains have been announced, no hike, but promises to improve the existing trains is what I am looking forward to like many others.