{"id":457796,"date":"2021-12-22T09:58:27","date_gmt":"2021-12-22T04:28:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=457796"},"modified":"2021-12-22T10:16:20","modified_gmt":"2021-12-22T04:46:20","slug":"railways-98-operating-ratio-not-a-reflection-of-its-true-financial-performance-cag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-98-operating-ratio-not-a-reflection-of-its-true-financial-performance-cag\/","title":{"rendered":"Railways\u2019 98% operating ratio not a reflection of its true financial performance: CAG"},"content":{"rendered":"<p>THE COMPTROLLER and Auditor General of India in its report on Railways\u2019 finances tabled in Parliament on Tuesday noted that the Indian Railways\u2019 operating ratio of 98.36% in 2019-2020 does not reflect its true financial performance and if the actual expenditure on pension payments is taken into account, the ratio will be 114.35 %.<\/p>\n<p>The CAG also noted that the national carrier needs to revisit the passenger and other coaching tariffs so as to recover the cost of operations in a phased manner and reduce losses in its core activities.<\/p>\n<p>This comes at a time when the national transporter has targeted to reduce its operating ratio to 95%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE COMPTROLLER and Auditor General of India in its report on Railways\u2019 finances tabled in Parliament on Tuesday noted that the Indian Railways\u2019 operating ratio of 98.36% in 2019-2020 does not reflect its true financial performance and if the actual expenditure on pension payments is taken into account, the ratio will be 114.35 %. The CAG also noted that the national carrier needs to revisit the passenger and other coaching tariffs so as to recover the cost of operations in a phased manner and reduce losses in its core activities. This comes at a time when the national transporter has [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-457796","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=457796"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/457796\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=457796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=457796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=457796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}