Railways’ losses likely to touch Rs 25,000 cror

Loss incurred by the railways in the passenger segment is likely to touch Rs 25,000 crore this year, Rajya Sabha was informed on Friday.

Freight revenue was being used to cross subsidise passenger train fares, minister of state for railways Kotla Jaya Surya Prakash Reddy said in written a response.

http://articles.timesofindia.indiatimes.com/2013-08-23/india/41440438_1_rail-tariff-authority-railway-passenger-passenger-segment

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Published in: on August 24, 2013 at 3:58 pm  Comments (1)  

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One CommentLeave a comment

  1. Increase fare cut down expenses stop political trains projects venkat 90
    Sent from BSNL with my BlackBerry® smartphone


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