Friday, February 13, 2009

What, after all, is Rs 90,000 crore?

Gautam Chikermane, Hindustan Times
New Delhi, February 13, 2009
Nothing, if you ask the people of Railway Minister Lalu Prasad’s constituency, who when told that the Railways had made a profit of Rs 70,000 crore in the four years to 2008, couldn’t relate to it. All they knew was that the fare from Hathua to Siwan in Bihar has fallen from Rs 7 to Rs 4.
Nothing, if you ask the Railway Board, who when armed with a Rs 15,000 crore surplus in 2006 and asked to reduce passenger fares by Re 1, said it would serve no end. The reality: for 88 per cent of travellers who pay an average price of Rs 10 per ticket, it does make a difference.
Story in Hindustan Times

No comments: