But it still doesnt provide service which it is obligated to provide do they?
what shall be the way forward then? One one side we have a company who posted a loss of Rs 4,859 crore in 2015-16, Rs 4,786 crore in 2016-17 and Rs 4,785 crore (provisional and unaudited) in 2017-18 and also further losses expected at least till 2020
and on other hand we have jio which is providing service for railways now.
Logical move would be to reduce the fat and improve efficiency which is being opposed by workers union. So what the way forward? threaten to dissolve the company and award the contract to jio. which I think is being done here.