 "Indian railways, train")
The Ministry of Railways has asked the government to take over an estimated Rs 50,000 crore pension liabilities because of the current financial stress in the Indian Railways. The organisation, which is looking to enhance its capacity by 2024, is likely to end this financial year with an operating ratio which will be worse than the previous year.
The Railways is, however, aiming to complete major projects, including dedicated freight corridors, high-speed railway and signalling upgrade, in order to take its share in freight traffic to 75 per cent, from the current 25 per cent.
The Indian Railways has about
