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News Entry# 311418
Aug 11 2017 (14:30) Let Railways run on commercial lines, not as a charity (www.moneycontrol.com)
News Entry# 311418 Past Edits
Commentary/Human Interest
News Entry# 311418 Past Edits
This is a new feature showing past edits to this News Post.
Posted by: 12723_AP_12724^~ 6097 news posts
A parliamentary panel report on the Indian Railways wants to take the railways back to the stone-age. The panel has asked the government not to consider...
222 projects out of 432 projects are having a negative rate of return, which means not only Hundreds/Thousands of Crores spent on construction shall go in drain, but also these projects shall give recurring operational losses to IR year after the year which the rail travellers shall have to pay through direct/indirect fares hikes.
Such projects must be freezed and all the available money should be invested in the financially rewarding projects so that they are commissioned at the earliest and start giving profits to IR, instead of losses by those 222 projects. Else IR is surely & certainly heading for financial bankruptcy.
Such projects must be freezed and all the available money should be invested in the financially rewarding projects so that they are commissioned at the earliest and start giving profits to IR, instead of losses by those 222 projects. Else IR is surely & certainly heading for financial bankruptcy.
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