With the Budget 2021 just around the corner, expectations are that there would be some kind of announcement by the government regarding the 7the Pay Commission. The greatest expectations would be for a salary hike and then for restoration of dearness allowance. 1. Current DA The central government employees are […]
In 5 charts: railways poor finances & how to fix it
Railway Budget 2021: Like every year, Indian Railways operating ratio will be an important parameter to track in Finance Minister Nirmala Sitharaman’s Union Budget 2021. In simple words, the operating ratio tells us the amount Indian Railways has to spend to earn every rupee. So, if railways has to spend […]