CAG: Indian Railways Understated Expenses by Over ₹5,000 Crore

The CAG, a financial watchdog, found that the Indian Railways misreported its finances.

While the Railways claimed a small profit, a closer look revealed a loss.

This was because the Railways used profits from moving goods to cover losses from moving people.

The report showed the Railways spent more money than it earned, particularly on passenger services.

This means the Railways needs to carefully review its spending to understand its true financial position.