TIDBITS

Rlys operating ratio put at 94%

By IndianMandarins- 03 Jan 2017
548

rlys-operating-ratio-put-at-94 Indian Railways is expected to have an operating ratio of 94% against the targeted 92% for the current financial year despite the huge liability of seventh pay commission and negligible growth in the freight loading, railway minister Suresh Prabhu has said. Operating ratio shows how much of revenue goes into meeting expense. Lower the ratio better it is for the railways. "We have got a huge liability in the form of seventh pay commission award. The growth in coal and steel loading has been flat. Keeping all this mind, I think we have done a decent job by controlling the operating ratio at 94," Prabhu said at a function on Monday. The Railways faces an additional burden of Rs 32,000 crore because of the seventh pay commission award.

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