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Blog Entry# 2257732
Posted: May 01 2017 (09:28)

1 Responses
Last Response: May 01 2017 (09:28)
Rail News
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Apr 28 2017 (16:01)   Earnings Misses, Rising Debts: Indian Railways Turnaround Hits Buffers – NDTV Profit

Jayashree^   51390 news posts
Entry# 2257732   News Entry# 301047         Tags   Past Edits
Ghaziabad: India's mammoth state railways, much of them stuck in colonial times, have missed earnings targets for the third straight year and debts have shot up,...
read more... Earnings Misses, Rising Debts: Indian Railways Turnaround Hits Buffers – NDTV Profit
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May 01 2017 (09:28)
A2Z~
A2Z~   17505 blog posts
Re# 2257732-1              
The biggest contributor to IR finances i.e. transportation of coal has ceased to grow at all. There are no chances of coal transportation demand picking up for next couple of years too, as the power deficit of India has largely been bridged and quantum jump in solar & wind power generation shall be a further blow to IR in this regard.
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IR shall have to resort to novel ways to reduce the expenditure and find new source of revenues like "non fare revenue" and high value "unconventional freight traffic" through RORO,...
more...
rail roader etc to get additional traffic. IR is actually trying hard to do it since last 2-3 years
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If IR fails in above, there will be no option but to tread the politically-incorrect path of massive fare hike (especially non ac classes).
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