Correct you said....now new trains are mainly given based on upcomming state elections in that state....
Regarding new projects..... in some zones Pink book you see there are many GHOST Projects...means those projects which in reality are Stopped or scrapped by RB many years back but in every years pink book token amount is given to those projects and those projects still appear in every years Pink book..... why? Where those token money alloted to those projects go every years? Don't know......So, now Railway Budget has become just a ignorance by this government..... because slowly slowly IR is going towards Privatization already many legs had been Privated by Railways...so now government don't need a separate day for Railway Budget as many legs...
more... r given to private so no of pages in Budget speech had reduced now. These year after year ignorance by government by stopping separate Railway Budget and after giving many legs of IR to private sector.......still this IR is in Loss now. Operating ratio is the worst in last 10 years now as per CAG reports.....See the results of ignorance by this government towards IR and these losses are made year after year to Permanently Sell IR to Private companies in future citing the reason of Huge loss of IR like they r doing to other PSU's ...they r selling.
Aise bohut sare Reports, documents, data, facts mere paas hai..... jo Internet mein bhi available hai...to proove my point....read all available in Internet also with Googlebaba.