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Well done Railways!

The provisions in the interim Budget presented on Friday reflect the robust revenue growth

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Interim Budget 2019  |  Interim Budget  |  Budget

R Sivadasan 

The railway revenues are beginning to turn. After failing to meet the Rs 1.8-trillion earnings mark in the past three years, the Railways are now moving closer to the Rs 2-trillion mark — way ahead of the Rs 1.78 trillion it earned last year. The surge is creditable.

The provisions in the interim Budget presented on Friday reflect the robust revenue growth. Indian Railways has, however, projected only a 95 per cent operating ratio. For the past few years, the railway’s wage bill has continued to be more than 60 per cent of its income. But even with digital modes of ...

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First Published: Sat, February 02 2019. 20:10 IST