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Blog Entry# 1902897
Posted: Jun 21 2016 (22:02)
9 Responses
Last Response: Jun 22 2016 (20:16)
9 Responses
Last Response: Jun 22 2016 (20:16)
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skmodem~ 17 news posts
Prime Minister Narendra Modi has asked railways to publicise the 'real cost' and 'subsidy' of passenger fares to make travellers aware of the burden it is...
4 Posts
FM gives a budget grant for railways (try to recall Mamata crying in Parliament for getting additional funds from FM) each year and railways use their own funds for projects. We can see the different funds such as CAP, DF, EBR etc mentioned in Budget Pink book.
Now Institutional Funding (EBR IF) seems to have become almost greater than 60% of money spent by Railways. They borrow it from LIC etc at 9.5%. Does that % looks good.
What happened to the money spent earlier for Infra and why now almost all are...
more...
Now Institutional Funding (EBR IF) seems to have become almost greater than 60% of money spent by Railways. They borrow it from LIC etc at 9.5%. Does that % looks good.
What happened to the money spent earlier for Infra and why now almost all are...
more...
Then where money going ? And what about the non performing trains and loss making halts ?
RM has to say.
When BJP came to power they said they are going to take off all non performing halts and they can save 3000 Crores. It has not happened till now but additional stops were liberally added to existing trains.
RM has to take some action on non performing trains and halts since they have got full majority and can do things at will for the benefit of passengers and railways since in the last 20 years we didn't have any RM/Party with this kind of majority.
When BJP came to power they said they are going to take off all non performing halts and they can save 3000 Crores. It has not happened till now but additional stops were liberally added to existing trains.
RM has to take some action on non performing trains and halts since they have got full majority and can do things at will for the benefit of passengers and railways since in the last 20 years we didn't have any RM/Party with this kind of majority.
This was happening from a decade so the loss was carry forwarding from there.
Correct. Who is going to take the corrective action?
Earlier RM's were populist politicians so for vote bank politics they did it.
Is it healthy to do the same now?
The change we see in the last 3-5 years is decrease in Passengers so corrective action needs to be taken sooner than later.
Also...
more...
Earlier RM's were populist politicians so for vote bank politics they did it.
Is it healthy to do the same now?
The change we see in the last 3-5 years is decrease in Passengers so corrective action needs to be taken sooner than later.
Also...
more...