+
 Indian Railways earns Rs 6000 more in first 33 days of current FY
RAILWAYS & METRO RAIL

Indian Railways earns Rs 6000 more in first 33 days of current FY

According to the Ministry of Railway, Indian Railways have earned nearly as much as Rs 6000 more in the first 33 days of the current financial year (FY), against the earnings in the same period last year.

In the period of 1 April to 3 May, the Indian Railways has registered substantial growth in earnings in the first 33 days of the current FY. In this period, an incremental growth was recorded in both loadings and passenger segments.

Indian railways seem to have maintained their momentum leading to a favourable result. With the revival of economic activity, continued efforts are being made to boost more coaches and wagons to carry more passengers and goods by the Indian Railways.

The Railway Ministry official told the media that about 300 more coaches are being added in different trains to carry passengers besides operating many summer specials to clear rush in April.

Between 1 April and 3 May this year, the railways carried 810 lakh passengers in the reserved class and 4,075 lakh in the unreserved class, against 343 lakh passengers in the reserved class and 1,814 lakh in the unreserved class in the same period previous year.

The passenger earnings have also grown in this period as the railways earned Rs 5,313.13 crore during the 33 days of the current financial year against 1,783.52 crores in the same period last FY.

The loadings in coal, fertiliser, cement, petroleum products, and foodgrains have also displayed an increase in this period resulting in more additional revenue for the public transporter.

The railways carried as much as 134.3 million tonnes (mt) in 33 days in 2022-23, as compared to 122 mt in the same period in 2021-22 in the goods sector.

During this period, the national transporter earned Rs 14,313.65 crore in goods loadings, as compared to Rs 12,205.94 crore for the corresponding period last year. In this period, the railways earned Rs 362 crore as sundry earnings.

Image Source

Also read: Railways deploys 86% of open wagons for coal transportation

According to the Ministry of Railway, Indian Railways have earned nearly as much as Rs 6000 more in the first 33 days of the current financial year (FY), against the earnings in the same period last year. In the period of 1 April to 3 May, the Indian Railways has registered substantial growth in earnings in the first 33 days of the current FY. In this period, an incremental growth was recorded in both loadings and passenger segments. Indian railways seem to have maintained their momentum leading to a favourable result. With the revival of economic activity, continued efforts are being made to boost more coaches and wagons to carry more passengers and goods by the Indian Railways. The Railway Ministry official told the media that about 300 more coaches are being added in different trains to carry passengers besides operating many summer specials to clear rush in April. Between 1 April and 3 May this year, the railways carried 810 lakh passengers in the reserved class and 4,075 lakh in the unreserved class, against 343 lakh passengers in the reserved class and 1,814 lakh in the unreserved class in the same period previous year. The passenger earnings have also grown in this period as the railways earned Rs 5,313.13 crore during the 33 days of the current financial year against 1,783.52 crores in the same period last FY. The loadings in coal, fertiliser, cement, petroleum products, and foodgrains have also displayed an increase in this period resulting in more additional revenue for the public transporter. The railways carried as much as 134.3 million tonnes (mt) in 33 days in 2022-23, as compared to 122 mt in the same period in 2021-22 in the goods sector. During this period, the national transporter earned Rs 14,313.65 crore in goods loadings, as compared to Rs 12,205.94 crore for the corresponding period last year. In this period, the railways earned Rs 362 crore as sundry earnings. Image Source Also read: Railways deploys 86% of open wagons for coal transportation

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?