Railway unlikely to achieve 11th Plan target -CAG
Indian Railways is unlikely to meet the plan targets, as Performance of the Railways, in the first two years of the plan period, was much below the proportionate targets . It has achieved only 28 per cent of the total 11th Five-Year Plan (2007-12) targets in the first two years, as per Comptroller and Auditor General of India report tabled in Parliament.
As against the targeted 2,000 kms of new lines, convertion of 10,000 km of metre/narrow gauge into broad gauge, doubling the 6,000 km of single track and electrification of 3,500 km of routes ,IR has built only 513 km (25.65 per cent) of new lines, converted 2,612 km (26.12 per cent) of MG to BG, doubled 789 kms (13.15 per cent) and electrified 1,299 km (37.11 per cent).
Annual growth rate in passenger earnings has showed considerable decline from a peak of 15.21 per cent achieved in 2007-08 to 10.52 per cent in 2008-09.