Trichromatic Posted November 5, 2021 Share Posted November 5, 2021 It happened 1 week back when govt holding 70% stakes in IRCTC (market cap of approx 1 lakh crores) decided that IRCTC has to pay 50% of their fees which would be around 100 crores. IRCTC shares fell by 25% and govt lost thousands of crores in few hours. Govt withdrew that decision and share prices recovered. How do you see such decision making by the govt? https://www.businesstoday.in/latest/economy/story/railway-ministry-withdraws-decision-of-50-sharing-of-convenience-fee-on-irctc-310797-2021-10-29 Link to comment Share on other sites More sharing options...
Austin 3:!6 Posted November 5, 2021 Share Posted November 5, 2021 India needs privatization of railways Link to comment Share on other sites More sharing options...
coffee_rules Posted November 5, 2021 Share Posted November 5, 2021 5 hours ago, Austin 3:!6 said: India needs privatization of railways At least take care of its NPAs. They can privatize some long distance routes, keep city and some important sectors for Public admin. Link to comment Share on other sites More sharing options...
Singh bling Posted November 5, 2021 Share Posted November 5, 2021 7 hours ago, Austin 3:!6 said: India needs privatization of railways Why? Privatisation will help only middle class . Poor people which travel in unreserved or sleeper class will badly suffer if entire railway is privatized Link to comment Share on other sites More sharing options...
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