NEW DELHI: Indian Railways operating ratio likely to drop to 94 percent owing to worsening of passengers and freight revenue this financial year.
Member Traffic Mh. Jamshed said that operating ratio is expected to settle at 94 percent, compared to 92 percent last year.
On possible fare hike, Railway Minister Suresh Prabhu said that railways has seen flexi fare system and dynamic pricing is expected to continue in 2017-18.
"Finance Minister Arun Jaitley and we are are same page (on fare hike) but decision is yet to be taken," said Prabhu.
He said FM has given in-principle approval for extra railway safety fund and more money will be spend on safety.