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| Railway Recovery Programme |
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Bangladesh Railway has embarked upon a comprehensive Railway
Recovery Programme (RRP) in order to improve its financial performance through
increased efficiency and cost reduction. The key elements of RRP are-
- Improving labour productivity primarily by reducing surplus employees;
Reducing losses on passenger services by closing money losing services and
sections ;
- Replacing open ended subsidy with compensation under Public Service Obligation
(PSO) system ;
- Improving operational efficiency through optimising the use of assets ;
- Making the Railway more responsive to market needs through organizational
reform incorporating structural changes and sound busi ness practices ;
- Exploiting commercially surplus land and other capacities of Railway.
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