This report provides an analysis of the financial performance of Indian Railways with reference to the previous year, as well as the overall trends. It also contains audit observations on the efficiency of the Indian Railways in application of funds raised from Extra Budgetary Resources and timely completion of projects. This report has two chapters.
Chapter-1 contains audit observations on matters arising from examination of Finance Accounts of Indian Railways for the year ended 31 March 2019. It focuses on the financial health of the Railways based on various parameters.
Chapter-2 is on financing of projects from Extra Budgetary Resources (EBR). It focuses on the efficiency of Indian Railways in application of funds raised from EBR and timely completion of projects.