P Chidambaram says Indian Railways' operating ratio shows 'comprehensive' failure' of management

New Delhi: Former Finance Minister P Chidambaram on Saturday said the available information about the Indian Railways' operating ratio, the direct indicator of working of the national transporter, has indicated a "comprehensive failure" of its management.

In a series of tweets, Chidambaram asked what was the operating ratio of the Railways in 2017-18 and whether it be the worst ratio in recent years.

File image of P Chidambaram. AFP

File image of P Chidambaram. AFP

"Is it correct that the true operating ratio has exceeded 100 percent? Is it correct that the accounts are being 'dressed' to show an Operating Ratio just a little less than 100 per cent?," he wrote on Twitter.

The former Finance and Home  Minister said if the operating ratio is close to 100 per cent or has exceeded 100 per cent, that indicates a "comprehensive failure" of management of the Indian Railways.

As per the reports, the Railways operating ratio, the direct indicator of working of the government-run transporter, could settle at 98.5 per cent for 2017-2018, recording its worst performance ever since 2000-2001 when it was 98.3 per cent.

The number reflected the increased burden of allowances and pensions that have gone up because of the revision in the 7th Pay Commission, an official said.

An operating ratio of about 98.5 per cent in fiscal 2017-18 would mean a dip of more than two per cent in the revised 96 per cent figure announced in the February budget.

The operating ratio indicates how much railway spends to earn a rupee.


Updated Date: Apr 21, 2018 15:16 PM

Also Watch

Rethinking pornography: Cyber Sexy author Richa Kaul Padte makes the case for decriminalising porn in India
  • Friday, July 27, 2018 First Day First Showsha — Reviewing Tom Cruise's Mission: Impossible - Fallout in 10 questions
  • Friday, July 27, 2018 It's a Wrap: Karwaan stars Dulquer Salmaan, Mithila Palkar in conversation with Parul Sharma
  • Friday, July 27, 2018 3 alternatives to WhatsApp | What The App
  • Friday, July 27, 2018 Manika Batra interview: Table Tennis star looks back at Commonwealth Games 2018 success, reveals her diet plan and more

Also See