IR should look into innovative ways for revenue generation: CAG to Railways - Indian Transport & Logistics News

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Friday 16 March 2018

IR should look into innovative ways for revenue generation: CAG to Railways

The Comptroller and Auditor General (CAG) in a report has said that the Indian Railways (IR) should look into innovative ways for revenue generation and closely monitor its expenditure. The report was earlier tabled in Parliament.

Expressing concern over railways finances for 2016-17, the report says, "The operating ratio during 2016-17 had deteriorated to the lowest level of 96.5 percent since 2000-01 when it was 98.3 percent.”

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