Niti to Indian Railways: Rationalise fare structures, subsidies to generate revenues
"By 2022-23, the railways should have a freight load of 1.9 billion tonnes and an improved modal share of 40 per cent of freight movement from the current level of 33 per cent. Increase the share of non-fare revenues in total revenue to 20 per cent," NITI Aayog said.
NITI Aayog said the Indian Railways needs to rationalise fare structures and subsidies and monetise assets to generate revenues. Image source: PTI