Railways’ finances have taken a further hit in light of the Covid lockdown, which brought passenger trains to a complete halt until the Shramik operations were launched in May.
An analysis by the govt has revealed a mixed picture vis-a-vis India’s Covid response. While the case fatality ratio is ‘flat’, there are other factors of worry.
ISRO had earlier said it has planned two trial flights without crew ahead of Gaganyaan -- the first one around December 2020 and the second around July 2021.
Consumption, which accounts for 60% of the economy, has been the driver of growth during previous stress periods, but a survey shows consumers are no longer confident.
Indian startups have become a campus recruitment constant, but they seem to be playing a bigger role in job offers as more established firms deal with Covid fallout.
Delhi govt reported 509 Covid deaths between 27 May and 7 June. But data from five Covid-designated crematoria suggests 1,019 patients were cremated in the same period.
Central bank communication now holds as much significance as central bank action. A single clause in a press conference can move markets more than a 25-basis-point adjustment.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
Meanwhile Indian Railways seems to have the money to donate to PM Cares fund, while the central govt has thousands of crores spare to
spend on new buildings for different govt ministries including the railway ministry.
True, that Rly spend more money for staff, disproportionate to the income,, With 7 nth PC the expense has gone up with out corresponding productivity. In govt service increase in payment will not yield corresponding output, as there is no correlation between the two, There for either staff or there payment to be regulated for sustaining the system.The merging of cadres, now envisaged is both a managerial and financial solution.The trade unions also has to get roped in to join hands for measures which will keep the orgs stable
Government staff are a burden on the citizens. Indiscriminate hiring throughout history with salaries + pensions is a millstone around the people of India.
Cut government recruitment.
Notification on cen01/2018 under prosses there are so many candidates are waiting list then recruit the fresh manpower and trained them well. Please do that. the current situation jobs are very important for un employers not for retired employees he have already pensioners. As soon as possible complete the recruitment.
For a commercial enterprise to spend 25% of its revenue on pensions is unsustainable. As is an Operating Ratio of 98.44. That itself is an undercount since adequate sums are not being set aside for depreciation and renewal of tracks and other assets. Clearly railway finances are in the red zone. It’s ministers who have been chartered accountants need to focus on this, let the professionals manage the operational aspects. No way IR can afford the Bullet train from Bombay to Ahmedabad.
Meanwhile Indian Railways seems to have the money to donate to PM Cares fund, while the central govt has thousands of crores spare to
spend on new buildings for different govt ministries including the railway ministry.
True, that Rly spend more money for staff, disproportionate to the income,, With 7 nth PC the expense has gone up with out corresponding productivity. In govt service increase in payment will not yield corresponding output, as there is no correlation between the two, There for either staff or there payment to be regulated for sustaining the system.The merging of cadres, now envisaged is both a managerial and financial solution.The trade unions also has to get roped in to join hands for measures which will keep the orgs stable
Government staff are a burden on the citizens. Indiscriminate hiring throughout history with salaries + pensions is a millstone around the people of India.
Cut government recruitment.
Why don’t they cut half of the UPSC appointed dead wood at the higher levels who are just Waste?.
Ttipur se train kb hai jharkhand ke plz sir hm log tamilnadu me hai aur ghar jharkhand jana chahte hai
Notification on cen01/2018 under prosses there are so many candidates are waiting list then recruit the fresh manpower and trained them well. Please do that. the current situation jobs are very important for un employers not for retired employees he have already pensioners. As soon as possible complete the recruitment.
For a commercial enterprise to spend 25% of its revenue on pensions is unsustainable. As is an Operating Ratio of 98.44. That itself is an undercount since adequate sums are not being set aside for depreciation and renewal of tracks and other assets. Clearly railway finances are in the red zone. It’s ministers who have been chartered accountants need to focus on this, let the professionals manage the operational aspects. No way IR can afford the Bullet train from Bombay to Ahmedabad.