Decoding Railway Budget- Part 1
A quick byte on the important terms pertaining to Railway Budget:
Unit of measure of passenger traffic corresponding to the conveyance of a passenger over a distance of one kilometre.
Net Tonne Kilometres
Unit of measure of goods traffic which represents the transport of one tonne of goods over a distance of one kilometre.
The ratio of working expenses (excluding suspense but including Appropriation to Depreciation Reserve Fund and Pension Fund) to gross earnings.
Interval of time between two successive loadings of a wagon.