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Financial crisis in Indian Railways
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jms Offline
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Post: #1
Financial crisis in Indian Railways
According to an article appeared in India today, Indian Railways is going in the way of Air India. Read the horrible article.
[http://indiatoday.intoday.in/story/indian-railways-rs-3000-cr-deficit-passenger-fare-hike/1/158704.html]
11-16-2011 08:55 PM
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jms Offline
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Posts: 112
Joined: Jun 2009
Post: #2
RE: Financial crisis in Indian Railways
See the item No 10 of 45th PREM
Indian Railways Financial scenario
General Secretary/NFIR responded to the Railway Board's presentation and explained that losses incurred due to fulfilment of social service obligation and incurred on account of running passenger and coaching services should be compensated by the Central Government. He insisted that the Federations concern should be conveyed to the Minister for Railways and the
Prime Minister. He re-iterated that Railwaymen are continuously devoting and giving best account of themselves. The problem has arisen due to faulty policies of Ministry. General Secretary/NFIR also highlighted that over 9000 employees are dying while in service or on duty and this itself is a great sacrifice on the part of Rail Workforce.

CRB assured that the views expressed by the Federation will be placed before the Railway Minister and the Central Government.
Of course Railway service should be for the common citizen. But
1. Why should Railway is continuing with the very cheap season toicket rate?
2. What is the requirement of free first AC journey for the crorpaties cricket players?
3. What is the requirement low rate first class season ticket ?
4. Now another season ticket is also introduced for low income group. But it is heard that, with the certificate of MPs etc. Regular passengers like bank managers, high level officers etc. are availing this season
- So many other things can be pointed out which are causes revenue loss of Railways
11-21-2011 09:50 PM
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