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News Entry# 289322
Dec 21 2016 (19:49) Arun Jaitley says railway services must be paid for, populism can’t be measure of success (www.google.co.in)
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News Entry# 289322   
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Weeks before he presents India’s first combined general and railway budget, Finance Minister Arun Jaitley today said rail commuters must pay for the service they receive...

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Dec 21 2016 (20:52)
MailguardSG25~
MailguardSG25~   24054 blog posts
Re# 2099111-1              
Just hope Kolkata & Mumbai suburban fares are raised by atleast 2.2 times & MST tkts are increased by 2.6 times for better utilization of resources.Also punctuality of these two section should be set as benchmark eg for other zonal rlys & any Rlys devating from such punctuality must be penalized heavily
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Dec 22 2016 (09:12)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2099111-2              
It is impractical to wipe out subsidy in a single stroke by doubling/ trebling the fares.
It is to be done in steps so that people are in a position to bear it and gradually become habitual of paying somewhat realistic fares.
% recovery of costing for Mumbai suburban should be better , Since it was giving good operational surpluses earlier, the recovery should be much better.
IR
...
more...
does not release the data about the recovery in details like recovery in ACIII/ACII,SL classes, Mum/Kolkata/Chennai suburban etc.. It say 57% recovery as a whole.

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Dec 22 2016 (13:38)
MailguardSG25~
MailguardSG25~   24054 blog posts
Re# 2099111-3              
Recently while buying a UTS tkt in Kolkata Suburban I saw the msg printed that IR recovers only 36% of cost of travel on avg in Suburban sector. I assume that grossly tells the picture of Kolkata, Mumbai & Chennai Suburban. So increasing the slabs of MST has become an urgent necessity.
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Dec 22 2016 (15:29)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2099111-4              
It would be interesting to know the recovery by IR for individual suburban sectors. It may reveal many interesting facts.
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