Railways bleed ₹2,604 Crore: Government Audit Uncovers Widespread Mismanagement
The Comptroller and Auditor General of India reported a staggering loss of ₹2,604.40 crore for the Ministry of Railways due to financial mismanagement, inefficiency, and non-compliance. The report revealed numerous failures, including substantial losses on loans, uncollected revenue, and procurement malpractices. It also highlighted significant delays in infrastructure development, raising serious concerns about governance and oversight.