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Indian Railways' money problem: Will higher fares fix it?

Indian Railways' money problem: Will higher fares fix it?

The Hindua day ago
Indian Railways, one of the world's largest transport networks, is in considerable financial trouble. Despite carrying millions of passengers, it recovers barely half the cost of each journey. Freight earnings are propping up passenger services and ticket prices remain politically sensitive. In fact the Railways is increasingly relying on borrowings and Budget support for their capital investments.
In this episode, we unpack the data behind the crisis, examine why even premium classes are losing money, and ask the big question: can fare hikes save the Railways without driving passengers away?
Guest: A. Madhukumar Reddy, a 1987-batch Indian Railway Traffic Service officer who retired as Principal Executive Director of the Railway Board.
Host: Vignesh Radhakrishnan
Edited by Jude Francis Weston
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Western Railway Achieves Major Milestone with Commissioning of India's First 2x25 kV Traction Substation under "Mission Raftaar"
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Western Railway Achieves Major Milestone with Commissioning of India's First 2x25 kV Traction Substation under "Mission Raftaar"

HT Syndication New Delhi [India], August 12: Ratlam Division, Western Railway: Western Railway has achieved a significant milestone with the successful commissioning and energisation of the First 2x25 kV Electric Traction System at the Nagda-Khachrod section under the Ratlam Division. The system includes two Scott-connected 100 MVA Power Transformers for efficient feeding of electrical load to the Overhead Equipment (OHE). The Nagda TSS was first to be energised by using Scott Technology of Transformer on PAN India and state of art technology has been erected and commissioned successfully. The inauguration was carried out by Shri Ranjan Srivastava, Principal Chief Electrical Engineer, Chief Electrical Engineer, Western Railway. This commissioning marks a historic moment as the first-ever segment of Indian Railways' 2x25 kV Traction Substation becomes operational under the ambitious "Mission Raftaar" initiative. This advanced system is expected to significantly enhance energy efficiency, traction power availability, and train operating speeds across the network. The successful execution of this project is the result of seamless coordination and joint efforts by the Divisional Electrical Engineering team, Ratlam, Construction Department of Western Railway, TRD team, and M/s BNC Power Projects Ltd. Western Railway remains committed to driving innovation and infrastructure upgrades in line with Indian Railways' mission to improve performance, sustainability, and passenger experience. BNC POWER PROJECT Ltd has Legacy of 40 years of Experience in field of Power Domain and first EPC contractor to execute Design, Supply, Erection and Commissioning EPC Project for construction of Traction Substation and associated Switching post for 2*25 KV Overhead Electrification System for Western Railway and work done was well appreciated by Railway Authority. Contact for Media Enquiries: Mr. Amit Jain Phone: +91 96430 04317 Email: amitjain@ About BNC Power Project Ltd. BNC Power Projects Ltd. is a leading engineering and infrastructure solutions provider specialising in power systems, traction substations, and railway electrification projects. With a proven track record in delivering large-scale, high-performance power infrastructure, the company blends technical expertise, innovation, and a commitment to quality to support India's growing infrastructure and transportation needs. (ADVERTORIAL DISCLAIMER: The above press release has been provided by HT Syndication. ANI will not be responsible in any way for the content of the same.)

Railways' earnings showed 25.51-pc increase in 2022-23 over previous financial year: CAG
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Railways' earnings showed 25.51-pc increase in 2022-23 over previous financial year: CAG

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Net direct tax collection down 4% to nearly ₹6.63 trillion till August 11
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Business Standard

time4 hours ago

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Net direct tax collection down 4% to nearly ₹6.63 trillion till August 11

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