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

09 May 2022 CW Team

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

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