BUDGET TRIP OF ITALY AND EUROPE-3 PERSONS– 1500$ PER HEAD EXPENSE?

WOULD LIKE TO START FROM ITALY AND SEE AUSTRIA,SWITZERLAND,GERMANY,AMSTERDAM,BRUSSELS, PARIS AND LONDON– Bus/ Train travel will be fine—I am presently living in Libya and would like to travel to Italy by cruise ship from Tripoli and leave to India from London, on completion of the tour—– maximum 15 days trip

In two weeks, you can reasonably see cities in 3-5 of those countries. If you mainly want to enjoy the scenery by train and not explore the local sights, your timeline is okay, but otherwise I think you need to pare down your list. Bus is out of the question on that scale. I also think the budget is too low for this many destinations.

I’ll put prices in Euro, since I’m not sure what country’s dollars you mean.

Cruise ship: not sure, couldn’t find one
London-Mumbai: depends on date, but about €250

http://momondo.com

Hostel accommodation: ~€25/night, €375 total
Cheap hotels in major cities, triple room: ~30+/night, €450 total

If you make your own meals: €15/day, €225 total
If you eat street food and in cheap restaurants: €20-30/day, €450 total

Estimated cost (in USD, can be cheaper if you buy in advance) and travel time by train between cities:

http://www.ricksteves.com/rail/timecostmap.htm

Budget airlines are often cheaper than train travel.

http://ryanair.com

Travel to Italy – Globus family of brands