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Blog Entry# 2171079
Posted: Feb 19 2017 (21:48)
16 Responses
Last Response: Feb 21 2017 (20:00)
16 Responses
Last Response: Feb 21 2017 (20:00)
Commentary/Human Interest
Rang De Basanti^ 138872 news posts
New Delhi: How much does Indian Railways spend to earn every Rs100 it does in revenue?
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11 Posts
thou shalt not question thy love for HVDC, or for Thyristors :P
what you mentioned in your third para is the same purpose for which non tarrif revenue department was setup, but difficult to say how much they can contribute (target is to have 15% revenue to come from there, which frankly is a tall order)
agree with you though, this is gonna be a long, long process requiring years to be noticeable. hopefully, sagarmala project will help bring some additional revenue too in future with lines like chiplun-karad, roha-dighi etc
what you mentioned in your third para is the same purpose for which non tarrif revenue department was setup, but difficult to say how much they can contribute (target is to have 15% revenue to come from there, which frankly is a tall order)
agree with you though, this is gonna be a long, long process requiring years to be noticeable. hopefully, sagarmala project will help bring some additional revenue too in future with lines like chiplun-karad, roha-dighi etc
Your last point really nails one of the most trouble-some issues for railways in our country. All these years, railways has been one of the largest sources of employment for skilled and unskilled labor alike. A move to more private means of transport over the years was simply in response to the increasing number of people requiring employment.
Automation in railways is being opposed severely as it would result in lack of employment opportunities for a significant sector of the population. Again, shifting traffic to railways from other well-established means is facing stiff opposition simply because it would deprive many people of employment. This is the reason why public transportation systems are being hampered by opposition from Taxi,...
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Automation in railways is being opposed severely as it would result in lack of employment opportunities for a significant sector of the population. Again, shifting traffic to railways from other well-established means is facing stiff opposition simply because it would deprive many people of employment. This is the reason why public transportation systems are being hampered by opposition from Taxi,...
more...
IR of 109 indicates IR is moving continuously towards financial bankruptcy.
Biggest financial woes of IR and steps taken by IR towards their mitigation:
(1) Very high staff (pay perks pension) costs esp due to 7th pay recommendations- 75% of revenue- Nothing done
(2) Very high passenger subsidies (esp non ac classes) - Nothing done. Fare not hiked but miscellaneous charges like increased cancellation...
more...
Biggest financial woes of IR and steps taken by IR towards their mitigation:
(1) Very high staff (pay perks pension) costs esp due to 7th pay recommendations- 75% of revenue- Nothing done
(2) Very high passenger subsidies (esp non ac classes) - Nothing done. Fare not hiked but miscellaneous charges like increased cancellation...
more...
Fall in ACII pax on Mum & AK Rajs is expected, but IR could still muster little bit higher revenues due to ACIII class. Presently ACII paxs are switching over to airlines. ACIII paxs currently have to pay through nose as they do not have alternative. There future depends on bus operators who, can wean away the flexifare paying ACIII paxs by providing deluxe ac sleeper buses in future.
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Since the demand supply gap in electric power has been filled by installing a large number of thermal power plants in last 2...
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Since the demand supply gap in electric power has been filled by installing a large number of thermal power plants in last 2...
more...
Also waste of money is expenditure on sportspersons. This is a transport organisation not a university or a sports federation to feed individuals and give them fat pay packet to excel and showcase their individual talent. The leftover of 20th century war substitute - Olympics - and the need to chest thump in the name of nationalism is the reason for this patronage of sportspersons.