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Government must act with alacrity to revive the railways
July 07, 2014
The latest debate surrounding the government's decision to hike passenger fares and freight charges for the railways has dragged a skeleton out of the closet, making the country turn white with fear. As any undergraduate student of economics should be able to explain, the price of a commodity is the sum total of payments needed to induce service providers to transform the raw materials they have paid for into final products meant for different uses. Read
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