Saturday, 20 December 2014

Delay in Wagon Induction causes Rs.1635 Crore Loss to Indian Railways: CAG

http://irctcnews.in/delay-wagon-induction-causes-rs-1635-crore-loss-indian-railways-cag//Punching holes in the railways’ freight management, the Comptroller and Auditor General has found deterioration in the various efficiency parameters causing hindrance in smooth goods train operations and sought streamlining of the monitoring mechanism.
“Cases of excessive detentions of wagons at various activity centres affecting the availability of wagons, non- availability of locomotives for running the goods trains and deterioration in average speed of goods trains point towards a monitoring mechanism that warrants streamlining,” CAG has said in its latest report tabled in Parliament today.
Delay in induction of the 15,815 wagons in the railway system led to an avoidable loss of earning capacity of Rs 1,635.67 crore in seven zonal railways, it said.

 

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