RAILWAYS

Indian Railways plans smarter, more efficient working ways to make up for COVID-19 losses

Indian Railways eyes smarter, more efficient ways! In a recent interview with IE, Railway Minister Piyush Goyal has said that while it is too early to make financial calculations of the impact of COVID-19 on Indian Railways, the national transporter is looking at smarter ways to operate. Goyal said that with the best of economies are seeing a resurgence or second wave of novel coronavirus pandemic, the Railway Ministry will have to wait and watch before doing their financial calculations. According to the minister, Indian Railways has a fixed cost, therefore there is certain stress which is associated with this period of fighting the COVID-19 crisis. The focus of the national transporter in this period has been the moving of foodgrains, coal, fertilizers as well as Shramik Special trains to their destinations, he said.

But, Indian Railways is simultaneously working through separate teams, on many of the initiatives which were started by the Railway Ministry before the COVID-19 crisis and some more initiatives which have been added by the ministry during the COVID-19 period, he said. The minister further said that he wishes to add more initiatives, more smart as well as efficient ways of working to make up for the losses of this crisis period.

Source
financial express
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