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News Entry# 329843
Feb 19 2018 (13:45) Railways plans market study to shore up revenue by Rs 30,000 crore (m.economictimes.com)
News Entry# 329843 Past Edits
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News Entry# 329843 Past Edits
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Posted by: SteelCityRF^~ 3184 news posts
The Indian Railways plans to carry out a market study to find out ways to increase its revenue by nearly Rs 30,000 crore in the 2018-19...
Private investment goes to efficient and profitable organisations and not in very inefficiently managed IR which carry 90% of its paxs on highly subsidised fares.
IR has been borrowing very heavily from market for speeding up construction of projects. Loan repayment will be difficult task in future. This may improve the financial condition of IR and may not depending on how efficiently this huge amount borrowed is spent. Some steps must have been taken:
(1) Critical review of on going projects and prioritising them based on profitability an operation requirements. Unwanted and loss...
more...
IR has been borrowing very heavily from market for speeding up construction of projects. Loan repayment will be difficult task in future. This may improve the financial condition of IR and may not depending on how efficiently this huge amount borrowed is spent. Some steps must have been taken:
(1) Critical review of on going projects and prioritising them based on profitability an operation requirements. Unwanted and loss...
more...
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