Technoglitch
Core Member
Money went into the pockets of ministers.
News Swachh Bharat scheme to cost your spendings
- Thread starter Technoglitch
- Start date
under lalu only ? is it possible ?
b4 lalu ? possible ?
after lalu only ? was it possible ?
no bhai. railway was never in the profit. it was just a way to show that loss running railways has earned 20 lakh crores under lalu only.
no bro. i always proved myself. i just want people shud b awared if everything they wrote. otherwise shud not write.You are very quick in questioning but when someone ask anything you are even quick to divert them to google
i m zero in technology that is y in mobile or computer section or any other technology section, i have never written any single comments.
i m weak in that so y shud i write anything if i m not awared of.
last time Technoglitch bro wrote corporate taxes r being down but the truth was different.
it was media like television n newspapers or internet who showed a different picture n never shows the truth.
if we r paying taxes we must b aware where it has been utilized ?
in india only 3.6 % pay taxes n out of that only 1 % know where our taxes r being utilized.
if i ask someone who pay 10 lacs in taxes that where ur money or ur tax ll b utilized. he won;t b able to answer it.
people can;t tell 15 areas where our taxes headed to ?
IndianMascot
Core Member
Yes you are right. Railway was never in profit and even after 1000 years even if fare is increased to 10000 times it will remain in loss. Because money is never going into railway development. All going to politicians pockets.
The reason i talked about railway is their cleanliness is getting worse since this Swatch Bharat Abhiyaan has introduced.
Why don't Railway Minister speaks or do something for it. Where that lazy man is hiding all these days.
bhaskarkilli
Core Member
Bro generally anybody supports are disagrees based on the topic but you always a modi/ bjp supporter and never leave a chance to praise them.
Technoglitch
Core Member
According to CAG, it was the new practice of issuing a "statement of cash and investible surplus" that helped Lalu project a rosy picture. The auditor has said that the innovation helped the former railway minister project a "cash and investible surplus" of Rs 88, 669 crore from 2004-2005 to 2008-2009 when the net revenue surplus was only Rs 34, 506 crore.
Railways calculated the net revenue surplus after meeting all expenditures, including payment of dividend and appropriation to depreciation reserve fund (DRF) used for renewal or replacement of existing assets.
The 'cash surplus' in new presentation indicated the sum generated by railways from operations and other activities, including the interest on fund balance. It shows the money available for paying dividend, appropriation to DRF and other funds for investment. The "investible surplus' was expected to indicate the resources generated annually for capital expenditure after fulfilling the dividend liability.
'Lalu's railways turnaround tale was a cosmetic exercise’ - The Times of India
The Indian Railways, the organisation in question, has managed to prove its detractors wrong. Not only is the turnaround on track, it is also a case study at the prestigious Indian Institute of Management (IIM), Ahmedabad and its driver, Railways Minister Lalu Prasad Yadav has been addressing students of universities like Wharton and Harvard Business School in the US, telling them how he scripted the success story of the country's loss-making Railways.
A surplus (before dividends) of Rs 20,000 crore makes the Indian Railways the country's largest profit making entity-it has left behind ONGC by 25 per cent and Reliance Industries by almost double the amount, which registered profits worth Rs 16,000 crore and Rs 10,557 crore, respectively. It is now looking at modernisation by investing in IT projects and the plans include setting up automatic ticket vending machines across major cities, train-inquiry call centres and hand-held computers for travelling ticket examiners.
Lalu Prasad Yadav brings profits for Indian Railways : Cover Story - India Today
Railways calculated the net revenue surplus after meeting all expenditures, including payment of dividend and appropriation to depreciation reserve fund (DRF) used for renewal or replacement of existing assets.
The 'cash surplus' in new presentation indicated the sum generated by railways from operations and other activities, including the interest on fund balance. It shows the money available for paying dividend, appropriation to DRF and other funds for investment. The "investible surplus' was expected to indicate the resources generated annually for capital expenditure after fulfilling the dividend liability.
'Lalu's railways turnaround tale was a cosmetic exercise’ - The Times of India
The Indian Railways, the organisation in question, has managed to prove its detractors wrong. Not only is the turnaround on track, it is also a case study at the prestigious Indian Institute of Management (IIM), Ahmedabad and its driver, Railways Minister Lalu Prasad Yadav has been addressing students of universities like Wharton and Harvard Business School in the US, telling them how he scripted the success story of the country's loss-making Railways.
A surplus (before dividends) of Rs 20,000 crore makes the Indian Railways the country's largest profit making entity-it has left behind ONGC by 25 per cent and Reliance Industries by almost double the amount, which registered profits worth Rs 16,000 crore and Rs 10,557 crore, respectively. It is now looking at modernisation by investing in IT projects and the plans include setting up automatic ticket vending machines across major cities, train-inquiry call centres and hand-held computers for travelling ticket examiners.
Lalu Prasad Yadav brings profits for Indian Railways : Cover Story - India Today
IndianMascot
Core Member
Exactly. Modiji very well shared this fact to us but do he shared the plan how his government is going to make remaining 97% pay the taxes.
Technoglitch
Core Member
Taxes paid by us goes into govt schemes that goes on tenders which are won by the parties closest to the govt. This is a fact!
yes bro. there is a reason behind this. i had to choose one among two bad parties n i choose BJP which is less bad as compared to the scam party.
if i ll not support BJP then again scam party wud come into power bcoz we have two parties only.
so y to bring more bad part again in power.
whatever u people have been saying is truth only. we all r indians so we know how good we indians r ?
bhaskarkilli
Core Member
What if two parties will become same and modi converting in to indira gandhi ?