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Infrastructure

No respite in sight for Indian Railways as spending overshoots earnings

Updated : January 07, 2019 01:11 PM IST

The IR has been missing its earnings target for at least the last three years and the current fiscal seems to be no different.
There has been a shortfall in the revenue earned from both of IR’s main sources - passengers and freight - versus respective targets in 2015-16, 2016-17 and 2017-18.
And in the current year too, between April and November 2018, earnings have failed to meet the target specified in the 2018-19 Budget.
No respite in sight for Indian Railways as spending overshoots earnings

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