The Eastern and Western Dedicated Freight Corridors (DFC) are a mega rail transport project being undertaken to increase transportation capacity, reduce unit costs of transportation, and improve service quality. The Eastern DFC (1839 route kilometres (RKM) extends from Dankuni near Kolkata to Ludhiana in Punjab, while the...

Prior to 1924, the Railway Finances were a part of the Central Government Finances. From 1924 onwards, the Railway Budget was separated from the Central Government budget and that continues till date. The finances of the Railways are determined by the Railway Convention committees since the Railway...

Currently, setting of tariffs for railways is the function of the Railway Board. Revising rail fares is a politically sensitive issue. Every year, the Rail budget is passed without any substantial rise in the Rail tickets. The railway’s passenger subsidy is a whopping Rs. 25000 crore per...