Skip to main content

Indian Railways Huge Loss In 5 Years

‘Indian Railways suffered Rs 30k-crore avoidable loss’

The CAG has indicted the Indian Railways for not employing strict checks and balances in its dual freight policy.



The CAG has indicted the Indian Railways for not employing strict checks and balances in its dual freight policy (DFP) for transportation of iron ore that led to a financial loss of nearly Rs 30,000 crore to the organisation between May 2008 and September 2013.
The DFP policy provides for categorisation of iron ore in two categories — for ‘domestic consumption and ‘other than domestic consumption’ (exports). The freight rate for latter category of iron ore was three times that of the former.
“The primary objectives of the DFP were to lower the cost of transport of iron for domestic producers and to keep freight charges for export of iron ore in sync with its rising international spot market prices and garner higher freight revenues in the event of increase in international price of iron ore,” the audit report said.
CAG’s report found that the rules laid down in DFP were not followed scrupulously that resulted in the railways’ failure to charge higher rates even for iron ore not meant for domestic consumption as stipulated.
The report documents several cases where the railways failed to either obtain prescribed documents before loading iron ore or allowed delivery at unloading points despite invalid submission of relevant documents in violation of the stipulated conditions.

Popular posts from this blog

FDA Maharashtra Directory Contact Moblie Number

Food and Drug Administration Directory  DOWNLOAD JUNE 2021 CONTACT LIST PLZ CLICK ADVERTISEMENT TO SUPPORT THIS WEBSITE FOR REVENUE FROM ADVERTISEMENT Field Office Circle Head (Assit Commissioner Address of Field Office Inspector AHMEDNAGAR A.T. RATHOD (7045757882) 19C, Siddhivinayak Colony,,Near Auxillium School, Savedi,,Ahmednagar - 414003 J.H.SHAIKH (9158424524) AKOLA H. Y. METKAR (9730155370) Civil Line, Akashwani Road, ,Akola ,AKOLA H. Y. METKAR (9730155370) AMARAVATI U.B.GHAROTE (9595829895) Office of the Joint Commissioner,Jawade Compound, Near Bus Stand,Amrawati-444 601 C. K. DANGE (9422844477) AURANGABAD S. S. KALE (9987236658) Office of the Joint Commissioner,,2nd floor, Nath Super Market, Aurangpura,Aurangabad R. M. BAJAJ (9422496941) AURANGABAD Zone 2
28 comments
Main news

हिन्दू शब्द वेदों से लिया गया है ना की फ़ारसी से

  HINDU WORD ORIGIN PLZ CLICK ADVERTISEMENT TO SUPPORT THIS WEBSITE FOR REVENUE FROM ADVERTISEMENT हिन्दू शब्द सिंधु से बना है  औऱ यह फारसी शब्द है। परंतु ऐसा कुछ नहीं है! ये केवल झुठ फ़ैलाया जाता है।ये नितांत असत्य है  ........ "हिन्दू"* शब्द की खोज - *"हीनं दुष्यति इति हिन्दूः से हुई है।”* *अर्थात* जो अज्ञानता और हीनता का त्याग करे उसे हिन्दू कहते हैं। 'हिन्दू' शब्द, करोड़ों वर्ष प्राचीन, संस्कृत शब्द से है! यदि संस्कृत के इस शब्द का सन्धि विछेदन करें तो पायेंगे .... *हीन+दू* = हीन भावना + से दूर *अर्थात* जो हीन भावना या दुर्भावना से दूर रहे, मुक्त रहे, वो हिन्दू है ! हमें बार-बार, सदा झूठ ही बतलाया जाता है कि हिन्दू शब्द मुगलों ने हमें दिया, जो *"सिंधु" से "हिन्दू"* हुआ l *हिन्दू शब्द की वेद से ही उत्पत्ति है !* जानिए, कहाँ से आया हिन्दू शब्द, और कैसे हुई इसकी उत्पत्ति ? हमारे "वेदों" और "पुराणों" में *हिन्दू शब्द का उल्लेख* मिलता है। आज हम आपको बता रहे हैं कि हमें हिन्दू शब्द कहाँ से मिला है! "ऋग्वेद" के *"
11 comments
Main news

RTE & School Quota Of Kalyan Dombivli KDMC Region Thane

 Kalyan Dombivali Municipal Region School Quota and RTE 25% quota details received from RTI reply from KDMC Education department. Almost in all the schools free education seats for income below Rs1lac is vacant .The vacant seats are illegally filled by private school in open category by private schools by taking donations. KDMC education didnot taken any action. Total approved strength of class is 4 times of RTE quota. If RTE 25% quota is 25 then approved students limit is 100 students. Means 75 students from general and 25 from RTE 25% quota. In all the schools students are more than from approved strength and RTE 25% seats are vacant. It means RTE seats are filled by general students. As per RTE Act 2009 poor quota seats ie RTE25% cannot be filled by general quota in any condition and at any class. Helpline 9702859636  RTE Admission 
Main news