Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

With railways left with a revenue surplus of a paltry Rs 75 lakh during 2009-10, the CAG report suggested cutting of expenditure and increase earning. "Railways needs to consider rationalization of freight and passenger tariffs through some form of pre-determined non discretionary inflation indexing," it says, arguing to cut heavy cross-subsidization from freight to passenger service which ranged between 16-26% during 2004-05 to 2008-09. Mr. Lalu was invited to address for his excellent management competency and caliber in the World's top most business schools . Why he left the Rlys high a

Tags: money, left, world
Asked by venkatesaldevarajan, 06 Aug '11 10:40 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (3)

 
1.

Next budget will see hike in freight and passenger tariffs if Railways are to perform better . Cutting of expenditure is one way but hardly any govt company does it judiciously . Lalu just painted a good picture of Railways but it was all hollow from within . How can we expect any thing good from leader like Lalu ?
Answered by sk singh, 06 Aug '11 11:24 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

There is a proverb in Kannada which reads as :"Bakasurana Hottege Moorukasina Majjige" that means A penni's buttermilk for the stomach of a monster like Bakasura.that is what a paltry rs.75 lakh surplus for an entire Indian Railways sounds like.CAG is right in its recommendation to increase the freight and passenger tariffs and at the same time the seepage must be managed by introducing some stringent measures,and so to that extent the burden on passengers tariff be reduced.Whatever the increase ultimately it will be an additional burden on the public.
Answered by Ramakrishnegowda, 06 Aug '11 11:12 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Even the so called surlpus is not there CAG has not been able to reach the depth of the matter so far. they are only scratching the surface
Answered by rajan, 06 Aug '11 10:42 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

MMS hukum ka ghulam in frong or sonia, and mukul roy hukum ka ghual in front of MMS..more

Answered by iqbal seth