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Rail budget 2015: Prabhu proposes lowest operating ratio for railways in 9 years
Updated On: 26 February, 2015 03:14 PM IST | | IANS
<p>Addressing the pressing issue of finances for the Indian Railways, Minister Suresh Prabhu Thursday proposed an operating ratio below 90 percent to increase revenues for the system</p>
New Delhi: Addressing the pressing issue of finances for the Indian Railways, Minister Suresh Prabhu Thursday proposed an operating ratio below 90 percent to increase revenues for the system.
The railways' operating ratio, that has been consistently above 90 percent for the past five years, suggests how much money is spent on day-to-day operations to earn the revenues, giving an indication of the funds left for safety and expansion.
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