Railways goes corporate, will scrap Rs 30,000 cr social subsidy


Railways goes corporate, will scrap Rs 30,000 cr social subsidy

“Despite all this, our loading has increased from 1,104 million tonne in 2015-16 to 1,109 mt in 2016-17. We are also giving extra focus on non-fare revenue. The major concern for us is the increasing subsidy burden, while the pay commission impact will also be there in 2017-18, of about Rs 15,000 crore,” said another official.Read more

Credits:business-standard.com

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