Blog Entry# 1949377
Posted: Aug 02 2016 (12:51)
Last Response: Aug 02 2016 (12:51)
Other NewsAug 02 2016 (11:51) Railways to circulate Cabinet note for independent regulator - Infracircle
For Better Managed Indian Railways~ 948 news posts
The long-awaited and much-needed independent regulator for the railways will step closer to reality with the ministry of railways set to circulate a Cabinet note for inter-ministerial comments next week.
The Indian Railways has been planning to set up an independent regulator for private investment regulation and arbitration, and overseeing tariffs to correct passenger and freight imbalances for quite some time.
“The Cabinet note has been processed and will be sent by next week for consultation. The note will be sent to the ministries of finance, corporate affairs and law for inter-ministerial comments,”...
Aug 02 2016 (12:51)
For Better Managed Indian Railways~ 1933 blog posts
Operating ratio of 750% is just not tenable. It means there is not adequate traffic for the large number of local trains being operated. If trains are running full, it means without ticket travel is rampant. Both situations need to be tackled properly by IRlys. Which suburban sections have such astronomical Ors? Further investment on such sections will further bleed the IRlys.
Suburban trains are invariably operating in Metro cities where per capita income of citizens is much higher than the average per capita income of nation. i.e. the huge subsidy is enjoyed by relatively richer people and borne by poor!
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