मैं अकेला ही चला था जानिब-ए-मंज़िल मगर लोग साथ आते गए और कारवाँ बनता गया - Purnesh Upadhyay

Welcome Step.
IR has to restructure it's manpower first which is the biggest source of expenditure and which is more than sufficient as per IR's requirement. As the Lion's Share of Fund is expended for giving Salary & other monetary benefits to the Staff so workforce needs to be resized immediately.
We can expect the Deloitte Report(Foreign Audit Firm) on restructuring A & B Grade Officers of IR will come very soon within March 2016(The Time Limit given to them). IR has too many A & B Grade Officers and a huge amount...
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is expended for their Salary & other benefits where the Public Transporter failed to yield substantive Revenue from it's operations (Both Freight & Coaching) from which this massive expenditure can be met up. Rather IR meeting this huge monetary Liability by taking Loan either from Finance Ministry or from other sources. Already there is a heap of Overdrafts from LIC, IMF etc. Now IR should stop taking Loans & think seriously how revenue can be made from it's own source which will be sufficient to meet it's expenditure.
When IR will be self dependent & self sufficient ?
Here is the Link where Deloitte is given the Charge of Streamline Manpower in Sept Last year:
click here