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Blog Entry# 2095058
Posted: Dec 18 2016 (11:55)
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Last Response: Dec 18 2016 (11:55)
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Last Response: Dec 18 2016 (11:55)
Commentary/Human Interest
Rang De Basanti^ 138872 news posts
Railways is working out a comprehensive strategy to deal with its immediate concerns like customer satisfaction, perking up loadings and infrastructure development like station redevelopment.
“Railways...
“Railways...
Indian Railways did suffer from the lack of investment since independence resulting in losing of Market share and there is no doubt about it.
One more fact is equally or even more relevant- that most of the investment made by IR was done without proper financial justification resulting in huge losses, very poor return on the investment which in turn resulted in poor revenue generation/operational surplus which in turn resulted in even lesser investment. This becomes a vicious circle leading to chronic shortage of internal generation of funds leading to grossly inadequate capacity augmentation. In this scenario, even if huge investment were made in past by taking loans, IR would have gone bankrupt due to inability to repay the loans. Many time...
more...
One more fact is equally or even more relevant- that most of the investment made by IR was done without proper financial justification resulting in huge losses, very poor return on the investment which in turn resulted in poor revenue generation/operational surplus which in turn resulted in even lesser investment. This becomes a vicious circle leading to chronic shortage of internal generation of funds leading to grossly inadequate capacity augmentation. In this scenario, even if huge investment were made in past by taking loans, IR would have gone bankrupt due to inability to repay the loans. Many time...
more...