FINANCIAL AND OPERATIONAL EFFICIENCY OF THE RAILWAYS

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As a result of various measures to enhance earnings and containing expenditure, the operating ratio of the Railways is likely to improve from 98.3% in 2000-01 to 94.4% in 2002-03(BE). The Railways have also been able to improve the internal generation of resources from Rs.3187 in 2000-01 to Rs.4248 crores in 2002-03(BE)

Many steps have also been taken to enhance safety and security, including the setting up of a Special Railway Safety Fund for renewal and replacement of over-aged assets in a time-bound manner. In order to provide enhanced security to passengers, a proposal for amending the RPF Act and Indian Railways Act for greater empowerment of the RPF, is under consideration.

This information was given by Shri O.Rajagopal, Minister of State for Railways in a written reply to a question by Shri Rumandla Ramachandraiah in the Rajya Sabha today.