In 2021-22, Railways’ finances slipped into ‘concern zone’: CAG
Indian Railways' finances have worsened, with an operating ratio of 107.39% in 2021-22, compared to 97.45% in the previous year, according to the Comptroller and Auditor General. The railway operator spent ₹107 to earn ₹100 due to higher pension appropriations. The report also highlighted concerns over cross-subsidization of passenger fares with freight operations profits. The railways' loss decreased from the previous year, but the entire profit from freight traffic was used to compensate for the loss on passenger services.