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Blog Entry# 1735117
Posted: Feb 10 2016 (16:04)
32 Responses
Last Response: Feb 13 2016 (23:46)
32 Responses
Last Response: Feb 13 2016 (23:46)
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Jayashree^ 51408 news posts
read more... Railways to export 40 LHB coaches to Bangladesh
21 Public Posts - Wed Feb 10, 2016
2 Public Posts - Thu Feb 11, 2016
6 Public Posts - Sat Feb 13, 2016
Mr Prabhu had barely got the IR finances in place. He had managed to put operating ratio of IR in positive territory (ratio of funds earned vs funds spent ). But then this 7th pay commission is posing another burden of Rs 35,000 crores. A 10% hike in passenger fare will only garner 5000 crores for IR. Any hike in Freight rates will mean IR further loosing market share to Road Transport, plus hike in freight rates will also stoke inflation (cost of good will inch up as cost of transporting them get dearer)
2 Public Posts - Sat Feb 13, 2016