WAM 4 - Father of the Nation for RailFans - Vikas Kumar

*With about two thirds of total revenue spent on salary & pension, corona is taking its toll on IR. About one third of revenue component is passenger traffic which is negligible at present, about two third revenue comes from freight which is also badly affested, and IR is trying to maximise it to tide over its expenses.
* Unfortunately, IR is left with no option, but to reduce the no. of employees to reduce its largest expenditure component which is undoubtably very high by any standard.
* In order to maintain its financial...
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viability, IR shall be forced to gradually outsource more & more non-core activities to private agencies through contracts. These pvt. cos. shall be expected to accomplish the same task at much lower cost through better management of resources.