How much did the Railways spend to earn â¹100?
The Indian Railways has spent â¹111.51 to earn â¹100, setting a record-high operating ratio in the April-July period this year. Reflecting lower than expected traffic growth and higher expenditure, the high operating ratio means it doesn't have money for capital investments. Interestingly, it has planned its highest ever capital expenditure of â¹1.48 lakh crore for the current financial year.