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Where has Rs 17000Crore gone
by Mahesh B on Feb 26, 2008 02:53 PM   Permalink

Laluji is mum on the "Rail Suraksha Fund" accred by collecting Re 1/- per ticket. This itself should account for Atleast 17K Crores.Where is this money?
Last year itself experts have intimated that Railway is just playing with figures. In usual case 33% of revenue for modernisartion and maintenance of its rolling stock. Last few years it has been cut to 12% and balance 21% is added to Profit. This is only jugglary of figures. If Railways do not soend the required amount for maintaining the coaches,engines, lines etc. Non maintenance and non upgradation means poor safety and security threats.
At the first look of this budjet also it seems he continues with the same mathematical formula.

Any day a cut in fare is always welcome.

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The above message is part of the Discussion Board:
Lalu cuts AC fares, freight rates