Railways
expenditure
Railways
Views of Ashwini Vaishnaw: “IR ensures that passengers receive safe and reliable services at the lowest possible cost”
Before 2014, Indian Railways (IR) faced years of underinvestment, averaging only around Rs 250 billion annually. Recognising this, the union government significantly increased capital expenditure between 2014 and 2025, raising the railway budget to approximately […]
Spotlight
Populist or Popular?: Budget 2018 does a balancing act between social and infrastructure development
Budget 2018 is certainly a special one since it is the last one to be presented by the current government before the elections in 2019. The government has to a large extent set a populist […]
Infrastructure Finance
Better Performance: Improvement in financials of key infrastructure companies
Despite global uncertainties and a protectionist stance adopted by developed economies, the Indian economy has been steady on its growth trajectory. Although factors such as demonetisation and weak private investment caused a dent in economic […]
Railways
Stressed Profits: Need to increase revenues to counter rising expenses
The financial performance of Indian Railways (IR) has recently exhibited a mixed trend. While both revenues and expenditures have recorded a consistent rise over the past few years, profits have exhibited peaks and troughs. Indian […]