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Rail Budget 2008-09

First Rail Budget of Independent India was presented by John Mathai, a well-known economist, in 1947. However Mathai was not the Railways Minister.
N. Gopalswami Ayangar was the first Railways Minister of India (1948-52). He worked hard for the unification of Railways infrastructure which was earlier governed by various companies and states.

Interesting Facts

Lal Bahadur Shastri was the second Railways Minister of India (1952-56). Taking moral responsibility of a rail mishap he had quit his post.
Babu Jagjivan Ram served as Rail Minister for the longest time (6 yrs).
Bihar has given most Rail Ministers (6).
Kamlapati Tripathi initiated the tradition of naming trains on ourr heritage.
Madhav Rao Scindia is credited for corporatising Railways.
Current Railways Minister Lalu Prasad Yadav has heavily enhanced the profits of railways without increasing fares.