The smart initiatives undertaken by the Indian Railways during the past two and a half years to increase revenue, especially non-fare revenue, augment capacity and increase operational efficiencies to lower costs in a passenger and business friendly manner has the potential of raising the country’s GDP by 2 percentage points, Union Railway Minister, Mr. Suresh Prabhu, said.
Mr. Prabhu said that to make this significant contribution to GDP a reality, the railways were working towards improving its finances and operational aspects in a transparent manner besides providing a better travel experience to the customers. Read More…
Credit By: Business Standard
Latest posts by Business-Standard.com (see all)
- Jio, Petrochemicals Power RIL’s Q3 Show, Net Profit Rises 25% To Rs 94.2 bn – January 20, 2018
- India Will Set Up $350-mn Solar Fund To Start Mobilisation Under ISA – January 19, 2018
- Govt Working On Centralised Bidding To Reduce Cost Of Electricity – January 19, 2018