Indian Railways operating ratio of 98.44% worst in 10 years: CAG

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Indian Railways operating ratio of 98.44% worst in 10 years: CAG
Deal Expired

The Indian Railways’ operating ratio in 2017-18 was at 98.44 per cent, the worst in the last 10 years, the Comptroller and Auditor General of India said in a report tabled in Parliament on Monday.

A measure of expenditure against revenue, the ratio shows how efficiently the railway is operating and how healthy its finances are.

An operating ratio of 98.44 per cent means that the railways spent Rs 98.44 to earn Rs 100.

The national auditor said the railways would have ended up with a negative balance of Rs 5,676.29 crore instead of a surplus of Rs 1,665.61 crore but for the advance received from NTPC and IRCON.

https://www.business-standard.com/article/pti-s...

12 Comments  |  
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2018-19 will be more interesting 😄

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Deal Subedar
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Sssh, they are watching smile Don’t criticize

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Burey Din

aa gaye kya iske bhi

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And this is after the increase in prices of fare… also explain re-introduction of service fee in irtc online booking

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akash2009 wrote:

And this is after the increase in prices of fare… also explain re-introduction of service fee in irtc online booking

Yes, this is what I wanted to say.
They are now charging more.. Dynamic fare and all that.. and still in loss which is strange!

See above table for 2016-17 and 2017-18!

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But still – “Sab changa si”.

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Advisor to PMO: Sir, There is a big outflow on Govt employees salaries.

PM Sahab: How can we stop it?

Advisor to PMO: Sir, sink PSUs to its lowest levels and then tell they are loss making. Close them. No new recruitment, no tension of pension in future. Sell, sell, sell.

PM: Right. I told everyone, Mai bikayu nahi hu par baki sab kuch bech dunga. Ab nacho!!!! sunglasses laughing

Not meant to hurt anyone’s sentiments. I support this Govt when they do good. stuck_out_tongue

P.S: Investment in India are subject to BJP risk. Please read the Rahul Bajaj’s statement before investing. You can get BJPised laughing

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This will get worse because slowdown results in lesser productions and transportation of materials and good. Lagta hai growth rate 2-3% pe leke ji jayegi ye government.

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Dr. Subhramaniam Swamy(Haravard Economics professor)should be made
the Finance Minister.Nirmala Sitaraman is a complete waste as F.M.😠😠

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