Delhi: Recommendation over not to give 'concession' to senior citizens in railway
Delhi: Recommendation over not to give 'concession' to senior citizens in railway
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New Delhi: Recently the Comptroller and Auditor General (CAG) has recommended to the Railways on Monday that the senior citizen should not be given concession in travel. In the CAG report, it has been said not to give this exemption to cancer patients, handicaps and other passengers. Expressing displeasure with the railway board for not being able to curb the misuse of special travel passes by railway officers and employees.

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According to sources, the operating ratio (OR) of Indian Railways was recorded at 98.44 % in the financial year 2017-18, which is the worst in the last 10 years. The matter has come to light from the report of the Comptroller and Auditor General (CAG). This operating ratio (OR) in the Railways means that the Railways spent Rs 98.44 to earn 100 rupees. According to the report, the main reason for the Indian Railways operating ratio to be 98.44 % in FY 2017-18 is 10.29 % of the higher growth rate as compared to 7.63 % operating expenses last year.

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On the other hand, it has been recommended that Railways should take measures to increase internal revenue so that dependence on gross and additional budgetary resources can be stopped. It has been recommended that there has been a reduction in the capital expenditure incurred by the railways during the current financial year. Where the Railways could not spend the money collected under IBR-IF in the last two years. It has been said in the report that the Railways should ensure full utilization of funds received from the market.

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