Stay updated with breaking news from Working expenses. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In 5 charts: railways poor finances & how to fix it Top Searches In 5 charts: railways poor finances & how to fix it Smriti Jain / TIMESOFINDIA.COM / Jan 30, 2021, 10:27 IST FacebookTwitterLinkedinEMail Freight revenue has grown 47.1% from Rs 91570.9 crore in FY14 to Rs 1,34,733 crore in FY20. Railway Budget 2021: Like every year, Indian Railways operating ratio will be an important parameter to track in Finance Minister Nirmala Sitharaman s Union Budget 2021. In simple words, the operating ratio tells us the amount Indian Railways has to spend to earn every rupee. So, if railways has to spend 90 paisa to earn Re 1 revenue, then the operating ratio is 90%. But, why is operating ratio important? We look at the significance of this indicator, why it has worsened in the last few years, the likely impact of COVID-19 on railways finances and the policy prescriptions for a financially healthier railways. ....