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Thursday, 25 February 2016

Railway Budget 2016-17: 3 ways by which Suresh Prabhu aims to regain freight mkt share


Railway Minister Suresh Prabhu on Thursday outlined a three-pronged approach to help Railways regain its market share in freight haulage. From a high of close to 80 percent in 1951, Railways' share of freight has fallen below 20 percent. A combination of congested rail networks and a steady rise in freight rates to offset the losses in passenger revenues is to blame for this trend. 


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