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Blog Entry# 6074760
Posted: May 24 (19:28)

68 Responses
Last Response: Jun 05 (11:04)
1 Followers
Rail News
61217 views
6

IR Affairs
SR/Southern
May 24 (19:28)   Parasuram Express from Mangaluru to be extended to Kanyakumari

Exynos9611~   11449 news posts
Entry# 6074760   News Entry# 553501         Tags   Past Edits
3 compliments
Useful Useful Useful

67 Posts

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Jun 03 (22:29)
Exynos9611~
Exynos9611~   15225 blog posts
Re# 6074760-68              
tbh udupi needs more railway connectivity if its developed properly through road connectivity then it might boost karnatakas tourism
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Jun 03 (22:31)
Exynos9611~
Exynos9611~   15225 blog posts
Re# 6074760-69              
2 compliments
Agree Agree:Yes
tbh udupi gokarna murudeshwar byndoor needs more railway connectivity if its developed properly through road connectivity then it might boost karnatakas tourism
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Jun 03 (22:45)
Sameer2905^~
Sameer2905^~   16781 blog posts
Re# 6074760-70              
Road connectivity is there in the form of highways since I recently drove down from Gokarna till MAJN city... was very good in terms of scenery.... but yes coming to ur point, there should be more... might come soon in reality...👍👍
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Jun 04 (01:40)
KaveriMail~
KaveriMail~   843 blog posts
Re# 6074760-71              
2 compliments
_/\_ Useful
KRCL does not get Union government funds through the railway budget allocation. All its projects are financed from its own receipts or long-term borrowings.

Indian Railway Zones get funds both from Ministry of Railway (More than 90%) as well as in the form of Capital investments from IRFC (Less than 10%) but there's no external debt involved.

30
...
more...
years ago, KRCL did something exceptional by completing this line at break-neck speed while Zonal railways were taking decades to complete mere gauge conversion works. Now IR is doing better than what it was earlier and KRCL has fallen behind.

Right now, the management's focus is on freight revenue and not passenger segment. Nothing has happened in terms of infrastructure development.

KRCL is not a loss-making entity, it actually understates its profit (5000 cr revenue, 127 cr net profit last year) so it doesn't get absorbed by Indian Railway.

Even if the state government shares are bought back/transferred, Indian Railway will still need to pay off or agree in principle to clear the long-term bonds and debt of KRCL which is about 2-3 times the equity prior to acquiring or merging KRCL.

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Jun 05 (11:04)
irifan2015~
irifan2015~   2397 blog posts
Re# 6074760-72              
1 compliments
_/\_:Noted
In Karnataka stretch of Konkan railway, Murudeshwar station is on the highway itself. Can be developed as a terminal station. Can have trains to Mysore/ Bangalore/Hubli/ Ballari/ Bijapur/ Belagavi etc.
Can think of a Murudeshwar to Hyderabad via Hubli Ballari and a Chennai train via Hassan Bangalore Katpadi also.
As I have said in many occasions, there has to be a will. Way can be found.
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