Suggesting the Railways to improve staff productivity, the Comptroller and Auditor General (CAG) has asked the national transporter to revise passenger fares and curtail concessional passes to recover its operating cost in a phased manner.
“The Railways needs to revisit the passenger and other coaching tariffs so as to recover the cost of operations in a phased manner and reduce its losses in its core activities. Operational losses on running of suburban train services and on account of facility of free/concessional/complimentary passes to various classes of passengers need to be curtailed,” the CAG said in its latest report tabled in Parliament on Friday.
“...There is urgent need to analyse the reasons for their operational/financial inefficiency and remedial measures need to be taken,” said the report.
Published 10 March 2017, 19:36 IST