Private train operators will pay hefty fines for under-reporting revenues

The Hindu Business Line | Jan 17, 2020 at 1:35 PM
  • If found misreporting revenues, private train operators will be slapped with hefty penalties of 180 times the extent of the gap established on the average daily revenue.
  • This is IR’s first major attempt to get private investment in running passenger trains.
  • Most recently, it permitted IRCTC, a public sector unit, to run Tejas Express trains between Delhi and Lucknow.