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Why did Indian railways pay annual dividend to government?

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“Lok Sabha adopts resolution opposing Railway dividend to government”– (Business Standard 2nd August 2016). “Indian Railways to save Rs 10,000 crore after budget merger. read more

New Delhi: Railway Minister Suresh Prabhu today asked why should the railways pay dividend when it is already "over-burdened" with about Rs 60,000 crore worth of public service obligation and increased wage bill due to the latest pay commission report. read more

It was because the entire Capital invested in the Railways belonged to the Government of India (represented by the Ministry of Finance) and the investor is entitled to dividend on the investment. This page may be out of date. read more

If merged, Railways won't need to pay annual dividend The Union finance ministry has said it has started the process of examining the proposal from the railway ministry to merge the rail budget with the general budget, 92 years after the separation took place. read more

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