‘Delay in Wagon Induction causes loss’

Published: 20th December 2014 05:58 AM  |   Last Updated: 20th December 2014 05:58 AM   |  A+A-

NEW DELHI: Delay in induction of nearly 16,000 wagons to the Railways has led to avoidable loss of earning capacity of over `1,635 crore in seven Zonal Railways, says a CAG report released on Friday, adding funds provided for procurement of wagons were not utilised by the state-run transport. The CAG found that of 77,639 new wagons allotted by the Railway Board to various Zonal Railways, 53,539 wagons were inducted in to the Railway system within a period of one year and the remaining wagons were inducted in the subsequent years. “Delay in induction of the 15,815 wagons in the Railway system led to avoidable loss of earning capacity of  `1,635.67 crore in seven Zonal Railways. Deterioration in the various efficiency parameters like wagon turn round (WTR), hot axles, detachment, train parting, spring breakage, poor brake power affected smooth and efficient freight train operations,” said the audit. 

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