Eighth Pay Commission: Railways to trim costs to accommodate higher wages; maintenance, procurement, energy sectors in focus

Indian Railways is implementing significant cost-cutting measures in maintenance, procurement, and energy to bolster its finances. This proactive approach aims to absorb anticipated wage increases from the Eighth Pay Commission, projected to be substantial. The railway is focusing on operational efficiency and increased freight revenue to manage the financial impact.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Po06sCH
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