Indian Railways is staring at an overall negative fund balance of Rs 6,095 crore next financial year despite the rail ministry’s claim that it would manage to successfully handle the impact of the Seventh Central Pay Commission recommendations on its financial health.Read More.
Showing posts with label Debt Service Fund. Show all posts
Showing posts with label Debt Service Fund. Show all posts
Tuesday, March 8, 2016
Railways funds set to turn negative in FY17
Indian Railways is staring at an overall negative fund balance of Rs 6,095 crore next financial year despite the rail ministry’s claim that it would manage to successfully handle the impact of the Seventh Central Pay Commission recommendations on its financial health.Read More.
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