Railways gets serious about making money

Railways gets serious about making money

Ever since it started operations more than 160 years ago, the Indian Railways have depended on freight and passenger traffic to earn revenues. As much as 95 per cent of the revenues come from these two sources at present.  But Suresh Prabhu, the workman-like Union minister for railways, wants to change this. “Many of the world railway systems generate 10-20 per cent of their revenues from non-tariff sources. Read more

Credits: business-standard.com

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