gfiles magazine

January 24, 2013

Tails I lose

railways hobson’s choice
Railways:Heads you win,
Tails I lose
Despite being an environment friendly and energy efficient mode of transport, Indian Railways is caught between profitability and social obligations
by Bisheshwar Mishra
The Indian Railways may take pride in being the world’s largest and cheapest passenger carrying service. But it does so by incurring a huge loss of Rs 25,000 crore. Of the 20,000 odd trains that the Railways run every day, more than 14,000 are passenger carrying trains. It is also noteworthy that every new Railway Minister without fail introduces in his budget speech some new trains...READ MORE

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