Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Indian Railways operating ratio of 98.44% worst in 10 years: CAG

Copy URL
Embed

The Indian Railways' operating ratio in 2017-18 was at 98.44 per cent, the worst in the last 10 years, the Comptroller and Auditor General of India said in a report tabled in Parliament on Monday.A measure of expenditure against revenue, the ratio shows how efficiently the railway is operating and how healthy its finances are.An operating ratio of 98.44 per cent means that the railways spent Rs 98.44 to earn Rs 100.

Join market mavens on 22 Nov to discuss how India can beat economic slowdown & reach $5 Trillion economy mark at ETMarkets Global Summit. Book your seats today
5486views
Have something to say? Post your comment

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service