Data | Indian Railways spent ₹101.77 for every ₹100 earned in FY19, says CAG

The internal revenue generated by the Railways through ticket sales and freight earnings consistently fell short of the Budget estimates in the last five fiscals The Indian Railways spent more money than it earned in FY19, according to the CAG’s latest audit report. In the last five years, the Railways …

Read moreData | Indian Railways spent ₹101.77 for every ₹100 earned in FY19, says CAG

Railway Ministry resorted to “window dressing” for projecting its finances in a better light: CAG report

New Delhi: The Ministry of Railways resorted to window dressing for presenting its working expenses and operating ratio in a better light, the Comptroller and Auditor General of India said in its report on assessment of railways’ finances for FY 19. Pointing that the net surplus in 2018-19 was Rs …

Read moreRailway Ministry resorted to “window dressing” for projecting its finances in a better light: CAG report