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Blog Entry# 2268549
Posted: May 08 2017 (19:32)

6 Responses
Last Response: May 10 2017 (16:14)
Poll
10863 views
40 votes
0

May 08 2017 (19:32)  
VIDHUBALAN~
VIDHUBALAN~   226 blog posts
Entry# 2268549              
which Railway Minister has more profit during their presence????
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NO vote
Lalu Prasad Yadav
73%
29
Mamta Banerjee
0%
0
Suresh Prabhu
28%
11
Nitish Kumar
0%
0
Some one else
0%
0

3 Posts

4412 views
0

May 09 2017 (14:42)
akhileshchauras~
akhileshchauras~   3572 blog posts
Re# 2268549-4              
IR ka kabad bechkar...He managed profit..
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May 09 2017 (14:52)
RatnagiriSFexpress~
RatnagiriSFexpress~   5836 blog posts
Re# 2268549-6              
humko hi kabad bech diya hota hum kamse kam lakhpati ban jate P
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May 10 2017 (16:14)
A2Z~
A2Z~   17505 blog posts
Re# 2268549-7              
* IR generates two thirds of its revenue from bulk freight by putting just one third of its total efforts/resources. i.e. freight gives huge profits and rest give huge losses to IR. If IR carry more freight traffic it shall be flushed with revenue and profits.
* There was tremendous economic boom during the Laloo period and huge incremental freight was offered by the industry to IR. This was probably the best economic environment for IR since independence.
* It was a matter of good luck for Lalu that his predecessor Nitish Kumar
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more...
have strengthened the creaking IR network through extensive track newal and modernisation programme.
* Laloo took advantage of the huge traffic demand by increasing the maximum permissible loading of freight trains (even without carrying proper study) to carry additional freight offered with existing wagons (about 460Tons extra loading per freight train) and a huge increment in revenue and hence huge profits resulted.
*In a nutshell-Luck was the biggest factor for profit. In contrast in 2016-17 the revenue freight offering has fallen down by 1 crore tons against the increase of 5-10 Crore tons/ year during the Laloo regime. As a result to make up for the losses IR is trying hard to tap non conventional freight, save in power purchase, go for flexi fare etc to survive.

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