after almost 66 years from independence ,it is difficult to believe ,that social responsibility expenditure would be targeted to gain revenue. let us hope for the best outcome.
On 12/18/14, Nilesh Bendre <[email protected]> wrote: > In the name of fiscal discipline, will the railway drop > > concessional travel passes, which wil be depend on the outcome of > > committee report on Saturday. > > > > Railways may drop concessional travel passes > > New Delhi, December 18, 2014 > > Aiming to bring in fiscal discipline, the railways are exploring > possibilities of cutting revenue losses that come by way of providing free > or concessional > > travel. Over the last five years, India's public transporter has incurred a > loss of approximately rs 5,000 crore towards providing > > for free or concessional travel to a total of 53 categories of persons > that includes disabled, senior citizens, sportsmen, students, media persons > > and medical professionals. > > > > The revenue loss on account of free/concessional travel in the last fiscal > is estimated at rs 1,300 crore. > > > > "Kick-starting big and long pending projects has been the focus of our > committee, although we have looked at various small measures that affect > the > rail > > economy adversely", said a member of the DK Mittal-headed high level > committee that was recently set up by railways minister Suresh Prabhu to > suggest ways > > to improve the organisation's > > financial > > health. > > > > The nine-member committee is scheduled to submit its report on Saturday. > > > > Sources said the task of pruning of the list of free/concessional travelers > was unlikely to be taken up in a hurry because of the political > repercussions > > that such an exercise will entail. "The exercise is still relevant, as we > need to have a scientific estimation of the 'social responsibility costs' > borne > > by the railways", officials said. > > > > Former Railway Board member RC Acharya regarded the matter as a > "non-issue", > saying that addressing the freight versus passenger tariff distortions > would > > be more relevant towards cutting revenue losses. Rail expert Raghu Dayal, > however, said that the public transporter had "stretched its social > responsibilities > > far too long and far too much" and that it was time for the railways to do > some course correction. > > > > Source : http://www.hindustantimes.com/StoryPage/Print/1297714.aspx?s=p > > > > > > > > Regards, > > Clean India Campaign: Let us also chip in! > > > > Register at the dedicated AccessIndia list for discussing accessibility of > mobile phones / Tabs on: > http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > > To unsubscribe send a message to > [email protected] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, please > visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of the > person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > Clean India Campaign: Let us also chip in! Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
