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  
 
Tue Jan 23, 2018 21:55:07 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
Tue Jan 23, 2018 21:55:07 IST

Blog Entry# 2098796
Posted: Dec 21 2016 (16:21)

2 Responses
Last Response: Dec 21 2016 (17:22)
  
Rail News
0 Followers
1175 views
Rail Budget
Dec 21 2016 (16:05)   Rail services must be paid for, says Arun Jaitley

rdb*^   133028 news posts
Entry# 2098796   News Entry# 289308         Tags   Past Edits
HIGHLIGHTS
Govt had in September scrapped the 92-year old practice of presenting a separate railway budget.
Arun Jaitley said rail commuters must pay for the service they receive.
Jaitley said railways need to strengthen its performance and internal management system.
NEW
...
more...
DELHI: Weeks before he presents India's first combined general and railway budget+ , Finance Minister Arun Jaitley on Tuesday said rail commuters must pay for the service they receive even as he made a strong case for outsourcing of non-core functions like hospitality services.
He said year after year, the success of Railway Budget was measured by subsidising consumers and making populist announcements regarding trains.
"Railways got caught in a battle where populism prevailed over performance and the basic principle on which any commercial establishment is to be run, the first essential principle is that consumers must pay for the services that they receive," he said.
Speaking at a conference on Accounting Reforms in Railways organised by CII, Jaitley said unless the railways strengthen its performance and internal management system, they will lose out to competition from other sectors like highways and airlines in passenger and cargo transportation.
"The core competence of railways is really to drive trains, to provide those services. Hospitality may not be the core competence of the railways and therefore, what is not within its core competence, the principle of outsourcing -- which is accepted world over -- can be a logical addition to those activities of railways," Jaitley said.
Citing example of power and highway sectors which started doing well only after consumers paid for services they got, Jaitley said worldover, only those services have succeeded where there is a financial model which says that consumers pay for what they receive." (But)We turned this whole theory upside down by a self imposed indiscipline that populism requires that I require that consumers not to pay for service that they receive. Therefore any establishment will start crumbling in its own weight and contradictions," he said.
The government had in September scrapped the 92-year old practice of presenting a separate railway budget and decided to present a combined general and railway budget for 2017-18 on February 1, 2017.
Speaking at a conference on Accounting Reforms in Railways organised by CII, Jaitley said that the shift towards accrual system of accounting from cash system will better reflect its performance.
"Your accounting systems really must reveal more instead of concealing the reality. What is the kind of investment in infrastructure that is coming in, what is the kind of investment in railway safety, what is the kind of outcome of outlay that you have planned, I think those accounts must really reflect the reality," he said.

  
2148 views
Dec 21 2016 (16:21)
Kishor*^~   4692 blog posts   124 correct pred (63% accurate)
Re# 2098796-1            Tags   Past Edits
Sir you say : first essential principle is that consumers must pay for the services that they receive....
that is true ...
But which principle says that for half service 'RAC' you pay full
Which principle says that you pay more (Flexi Fare) for same services which others get....
Maybe
...
more...
'elections' too will be decided in future like this principle ?
Or Legal system is run on this principle "first essential principle is that consumers must pay for the services that they receive"?

  
2114 views
Dec 21 2016 (17:22)
pawankumarsingh~   227 blog posts   1 correct pred (50% accurate)
Re# 2098796-2            Tags   Past Edits
finmin want to end subsidy,first of all all leader should leave all subsidies which they posses related to railway.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Fri Feb 2
Trains with ARP 15 Dep on: Wed Feb 7
Trains with ARP 30 Dep on: Thu Feb 22
Trains with ARP 120 Dep on: Wed May 23

  
  

Rail News

New Trains

Site Announcements

  • Entry# 2547009
    Oct 16 2017 (10:21PM)


    As per the recent post , the new Pax Login feature has now been introduced. Here are the details of the feature set. . 1. Now you may login to the site as a Member or a Passenger, or BOTH Member & Passenger at the same time. Passenger login is called "Pax Login"...
  • Entry# 2517609
    Oct 11 2017 (09:33AM)


    As detailed here , last month, some changes were made to the PNR section. In the next phase of this rollout, we shall be further separating "Passengers" from "Members". . 1. "Passengers" will be able to login using ONLY their PNRs (no password). We shall have a Pax Login above the current...
  • Entry# 2418661
    Sep 25 2017 (07:09AM)


    @all: There are some changes coming to the PNR Forum. 1. All PNRs will be anonymized, i.e. you won't see who posted the PNRs or search PNRs by Traveller. This is to better protect the confidentiality of travelling members and their travel plans. However, members will still be able to search their OWN...
  • Entry# 2409730
    Sep 15 2017 (11:46PM)


    In recent times, the number of FM Complaints regarding "targeting me", "offensive content", "sarcastic comment", "bashing", etc. have been increasing. This has led to increased censorship and throttling of open discussions. . This is a clarification that this site is meant for a FREE EXCHANGE of ideas. Some arguments/debates/disagreements/jokes/sarcasm are ALLOWED and are...
  • Entry# 2390218
    Aug 25 2017 (12:59PM)


    There has been a partial rollout of a modification to Timeline entries. The implementation will be complete within a week. 1. Void & RAC buttons have been removed. . 2. TL Entries can now be Edited and Fixed by the original updater, if there are errors. So there is no need to Void TLs...
  • 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...
Scroll to Top
Scroll to Bottom


Go to Mobile site
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.