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Railways suffered from under-investment, says study

15 Apr

A knowledge paper on the Railways, prepared jointly by PHD Chamber of Commerce and Industry and Institute of Coast Accountants of India ( ICAI) reveals that the public transporter suffered from under-investment between 1951 to 2014.

The paper said the track capacity addition of railways could grow at compound annual growth rate (CAGR) of a meagre 0.7 per cent whereas it witnessed passenger and freight traffic growth of CAGR 3.1 per cent and 4.3 per cent respectively.

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Posted by on April 15, 2016 in Uncategorized

 

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