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Blog Entry# 2241968
Posted: Apr 19 2017 (15:06)

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Last Response: Apr 19 2017 (15:06)
Rail News
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Commentary/Human Interest
Apr 19 2017 (06:47)   Railways seek aid for unviable routes

Rang De Basanti^   138872 news posts
Entry# 2241968   News Entry# 300055         Tags   Past Edits
Finance Ministry used to subsidise losses on operating strategic rail routes prior to merger of budgets
The...

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Apr 19 2017 (15:06)
A2Z~
A2Z~   17505 blog posts
Re# 2241968-1              
This is the hidden cost of merging Rly Budget with General Budget. Ultimately FM has the final word.
If IR is not to be compensated for the losses incurred in operation of strategic rail lines just because annual dividend is waived off, the Govt have no moral right to force such projects on IR which often give negative rate of returns.
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