Indian Railways eyes this novel scheme for big booster shot to revenues
Indian Railways has decided on a strategy to raise its cash flows by at least Rs 1,000 crore from each of its large customers by luring them to pay upfront their freight charges for the whole year and offering them in exchange fixed freight rates that won’t go up during the year
Indian Railways is also set to allow companies to run their own private wagons on its track systems, thereby reducing easing demand for its own wagons. Image source: Reuters