Accordingly Railway Board Chairman V.K. Yadav said on monday the indian Railways has recorded its safest ever performance in the first six months of this financial year with zero passenger fatalities but the national transporter is also facing a financial crisis due to implementation of the Seventh Pay Commission recommendations.
When speaking to media persons in New delhi, the Chairman said, "With our focus on the safety of passengers, the railways took number of works including the upgradation of railway tracks and its coaches and it resulted in zero passenger fatalities in this financial year from april 2019 to november 2019." Furthermore he also said that as part of the mega plan on safety of the passengers, the railways eliminated unmanned railway crossings at 904 places between april 2019 to november 2019, which is 200% more as compared to 296 during the same period last year. On the financial condition of the national transporter, Yadav said: "No doubt that the railways is facing financial challenges. And to come across the financial crisis, the railways is doing a lot of things."
Moreover he stressed that the railways faced the financial issues due to the implementation of the Seventh Pay Commission recommendations, as it has around 12 lakh employees and 13 lakh pensioners". He asserted "But things will start improving in the next few months".
