Chidambaram said if the operating ratio is close to 100 percent or has exceeded 100 percent, that indicates a “comprehensive failure” of management of the Indian Railways.
New Delhi: Former Finance Minister P Chidambaram on Saturday has questioned the Indian Railways management saying 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.
The Former finance minister on Twitter has asked the government about the operating ratio of the Railways in 2017-18 and whether it be the worst ratio in recent years.
“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 percent?,” he wrote on Twitter.
What is the Operating Ratio of Indian Railways in 2017-18? Is it the worst ratio in recent years?
— P. Chidambaram (@PChidambaram_IN) April 21, 2018
Chidambaram said if the operating ratio is close to 100 percent or has exceeded 100 percent, that indicates a “comprehensive failure” of management of the Indian Railways.
The Railways operating ratio, the direct indicator of working of the government-run transporter, could settle at 98.5 percent for 2017-2018, recording its worst performance ever since 2000-2001 when it was 98.3 percent, as per the reports.
The number clearly indicate the increased burden of allowances and pensions that have gone up because of the revision in the 7th Pay Commission, an official said.
In the announced annual budget, an operating ratio of about 98.5 percent in fiscal 2017-18 would mean a dip of more than two percent in the revised 96 percent figure
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