The problem of Indian Railways is deeper and it cannot be run as a government department, former Finance Minister P Chidambaram said today while criticising the BJP government for the public transporter reporting the "worst" operating ratio in the last fiscal.
"Railways worst operating ratio in 2016-17. Previous worst in 2000-01. Both under BJP governments! Despite well- meaning minister. Problem of Railways is deeper. It cannot be run as a department of government," he said on Twitter.
A lower figure of operating ratio is therefore regarded better and is indicative of better financial health of the system.
The operating ratio of railways has seen deterioration in 2016-17 in comparison to previous years, indicating a higher operating cost.
Minister of State for Railways, Rajen Gohain, had said in a written reply in the Lok Sabha that the operating ratio of railways in 2016-17 was estimated at 94.9 per cent.
Officials, however, say this figure is tentative till final figures come.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)