Disclaimer   
Forum Super Search
 ♦ 
×
HashTag:
Member:
Posting Date From:
Posting Date To:
Train Type:
Train:
Station:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Search
  Go  
Full Site Search
  Search  
 
Fri May 26, 2017 19:11:02 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Fri May 26, 2017 19:11:02 IST

Blog Entry# 2072521  
Posted: Nov 27 2016 (06:38)

1 Responses
Last Response: Nov 27 2016 (06:38)
  
Rail News
0 Followers
533 views
IR Affairs
Nov 26 2016 (14:28)   Railways headed for heavy losses due to demonetisation, says TMC

For Better Managed Indian Railways~   948 news posts
Entry# 2072521   News Entry# 286841         Tags   Past Edits
Trinamool Congress (TMC) leader and former railway minister Dinesh Trivedi has said that demonetisation would result in heavy losses for the Indian Railways, as the poorer sections of society would travel more by bus than trains.
"In demonetisation, everything is running on cash and poor people would not go for online booking or use credit card. Only four percent of the population possesses plastic cards. In that case, if they travel more by bus as compared to train, then that would lead to losses for the railways," he said.
"If the economy slows
...
more...
down, then there will be no coal available which is bread and butter for railways, and even coal loading has reduced. So, I believe, it would be a big slowdown for the railways," he added.
Trivedi told ANI, "Even if our economy want to grow at eight percent, then Railways has to grow at ten percent and looking into the present situation, the growth in the railways has declined sharply and it grows at three percent with an operating ratio of 140. That means that to earn 100 rupees, you have to invest 140 rupees first," the former railways minister said.
"Railways require investment in large quantity in which it doesn't have to pay interest and, if we don't make railways interest free, then nobody can improve the condition of the railways," he added.
Trivedi was giving his views even as Prime Minister Narendra Modi was addressing the inaugural session of the Rail Vikas Shivir at Surajkund on Friday.
The aim of the Shivir is to generate numerous innovative ideas across most critical areas of the railway operations for substantial progress of this sector.
Such brainstorming and large-scale planning involving all railway employees is taking place for the first time in the 163-year-long history of the Indian Railways.
The Railway Ministry said the outcome of this camp would lead to rapid rejuvenation, transformation, modernisation, efficiency and productivity.
Earlier, the government had decided to do away with the practice of a separate Rail Budget and merged it with the General Budget. The idea was mooted by Railway Minister Suresh Prabhu and the proposal was approved by the Union Cabinet in September this year.
The practice of presenting a separate Railways Budget was introduced in 1924.

  
821 views
Nov 27 2016 (06:38)
DhnEcr~   5287 blog posts
Re# 2072521-1            Tags   Past Edits
Really?? Railways is the cheapest mode of transport. With lesser cash one would go for cheaper services

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Mon Jun 5
Trains with ARP 15 Dep on: Sat Jun 10
Trains with ARP 30 Dep on: Sun Jun 25
Trains with ARP 120 Dep on: Sat Sep 23

  
  

Rail News

New Trains

Site Announcements

  • Entry# 2175399
    Feb 23 2017 (01:22PM)


    There has recently been a lot of frustration among RFs when their Station Pics, Loco Pics, Train Pics get rejected because the "number is not showing", "shed is not visible", the loco/train is at a distance, Train Board is too small, "better pic available", etc. . To address this issue, effective tomorrow, ALL...
  • Entry# 2165159
    Feb 15 2017 (09:53AM)


    A minor update, but may impact many members: Hereafter, FMs will be able to delete invalid Red Flags on Imaginary trains. Red Flags can be removed by FMs, only against specific complaints filed against the blog. This does not give all members the right to complain against EVERY single red flag they...
  • Entry# 2155798
    Feb 08 2017 (11:40AM)


    -@all members: As of recently, there has been a trend whereby minor name updates of Trains/Stations - whether such and such regional name should be there or not, whether the train should be called "Abc Express" or "Abc Superfast Express", etc. are threatening to take over the majority of Timeline entries. Also,...
  • Entry# 2147631
    Feb 01 2017 (11:05AM)


    A new experimental feature is being introduced called BotD - "Blog of the Day". The rules are: . 1. Replies are not eligible - only the Top Blog. 2. ONLY Blogs posted today (the day of the vote) are eligible. 3. Every member has ONE vote. In the course of the day, you may keep...
  • Entry# 2136570
    Jan 23 2017 (12:25AM)


    Several new features have been introduced recently to the Forum, and we are forever striving to make Member experience here more productive and satisfying. With the recent introduction and success of the new FM System, it has been observed that small groups of highly involved and enthusiastic members are far more...
  • Entry# 2134907
    Jan 21 2017 (02:46PM)


    It has been over 2 weeks since the appointment of the current batch of FMs and 750 Complaints have been handled so far. It gives me immense pleasure in congratulating them for running the team diligently, professionally, competently and above all, without a shred of controversy or bias. The FM position...
Scroll to Top
Scroll to Bottom


Go to Mobile site