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Indian railway finance: critical issues and emerging options

By: Sriraman, S.
Material type: materialTypeLabelArticlePublisher: 2000Description: p.1029-034.Subject(s): Railways - India | Railways In: Economic and Political WeeklySummary: Railway finances are closely linked to the role that has been traditionally assigned to the railway system in the development of the Indian economy. But given a mandate of performance on commercial lines in a liberalised economic policy framework, Indian Railways is necessarily required to depend on internal resource generation for funding maintenance and expansion of the network. Railway budgets which could have served as a basis to operationalise strategies to launch the railways on to such a process have attempted very little, especially in the recent past. What are the problems and constraints that the railways encounters in its efforts to fit into the new policy framework? - Reproduced
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Articles Articles Indian Institute of Public Administration
Volume no: 35, Issue no: 12 Available AR44652

Railway finances are closely linked to the role that has been traditionally assigned to the railway system in the development of the Indian economy. But given a mandate of performance on commercial lines in a liberalised economic policy framework, Indian Railways is necessarily required to depend on internal resource generation for funding maintenance and expansion of the network. Railway budgets which could have served as a basis to operationalise strategies to launch the railways on to such a process have attempted very little, especially in the recent past. What are the problems and constraints that the railways encounters in its efforts to fit into the new policy framework? - Reproduced

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