A correction to a report in The Hindu published today says Railway Minister Lalu Prasad Yadav wants to raise the profits of the Railways by a few thousand crores.
The Reader's Editor says, "A sentence in "Garib Rath may run from all State capitals: Lalu" (December 11, 2006) was: "Mr. [Lalu] Prasad said his target was to increase the railway profit from Rs. 13.5 crore to Rs. 20 crore in the next fiscal." It should have been Rs. 13,500 crore to Rs. 20,000 crore."
My own contention is that Mr.Yadav has to only galvanize the Mass Rapid Transit System (MRTS) in Chennai, which is sitting on several hundred crores worth of property in this metro.
If the stations on this line are put to good use, they are sure to generate significant levels of revenue.
The picture here shows what could have been well-patronised shops in one of the MRTS stations (Chintadripet). Their sorry state shows that Southern Railway has little idea of how to improve its revenues.
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