My Comment on an article "Railroad stocks surge by upto 13% on reports govt. may allow FDI in the sector" published in the Economic Times dated 30/12/2013 at 4:30 pm.
A good development. Foreign investment in Railway sector can uplift its deteriorating financial conditions. Railway Budgets are proposed year after year with increasing fares and tariffs in the hope that some miracle may happen to reverse its losses into profits. But we realise nothing like that happens.
A good development. Foreign investment in Railway sector can uplift its deteriorating financial conditions. Railway Budgets are proposed year after year with increasing fares and tariffs in the hope that some miracle may happen to reverse its losses into profits. But we realise nothing like that happens.
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