Railway's operating ratio pegged at 96.98% in 2022-23 on capex push

Highest ever capital expenditure at Rs 2.45 trillion; Operating ratio for 2021-22 revised downward to 98.93%

With the government giving an extra thrust on the Gati Shakti Plan, the Indian railways is all set to see its highest ever capital expenditure of Rs 2.45 trillion for 2022-23, up 14 per cent from the revised estimate of Rs 2.15 trillion for the current financial year in the Union Budget for 2022 presented by finance minister Nirmala Sitharaman on Tuesday.

This will result in the operating ratio, a key metric to assess the Indian Railway’s financial health, being under pressure due to heavier capital expenditure.

“We are targeting 96.98 per cent operating ratio (OR) in the coming year.