Indian Railways lost Rs 36k cr during Covid-19 period: Raosaheb Danve
RAILWAYS & METRO RAIL

Indian Railways lost Rs 36k cr during Covid-19 period: Raosaheb Danve

Raosaheb Danve, the Minister of State for Railways told the media that the Indian Railways lost Rs 36,000 crore due to the Covid-19 pandemic and that goods trains are the real revenue generators of the railways.

He also said that a bullet train project would be built along the Mumbai-Nagpur Expressway, which is currently being built.

The minister was speaking at the foundation stone laying ceremony for an underbridge at Jalna railway station.

The passenger train segment, he claimed, is always losing money. However, because it affects passengers, this cannot be solved by raising ticket prices.

The Railway lost Rs 36,000 crores as a result of the pandemic, he said.

Only freight trains bring in money. During the pandemic, these trains were critical in transporting goods and providing relief to people, according to the minister.

The bullet train project, he said, would be implemented along the Mumbai-Nagpur Expressway because it is necessary for people.

According to Danve, the Railways are working on the Western Dedicated Freight Corridor project, which will connect Navi Mumbai and Delhi.

He promised that tracks between Nanded and Manmad stations would be doubled and that he would investigate whether the Jalna-Khamgaon railway line was viable.

The state government has sanctioned a hospital in Jalna for the treatment of those suffering from mental illnesses, according to Maharashtra Health Minister Rajesh Tope, who was also present at the event.

Image Source


Also read: PM Narendra Modi: Railway stations must ramp up as economic hubs

Raosaheb Danve, the Minister of State for Railways told the media that the Indian Railways lost Rs 36,000 crore due to the Covid-19 pandemic and that goods trains are the real revenue generators of the railways. He also said that a bullet train project would be built along the Mumbai-Nagpur Expressway, which is currently being built. The minister was speaking at the foundation stone laying ceremony for an underbridge at Jalna railway station. The passenger train segment, he claimed, is always losing money. However, because it affects passengers, this cannot be solved by raising ticket prices. The Railway lost Rs 36,000 crores as a result of the pandemic, he said. Only freight trains bring in money. During the pandemic, these trains were critical in transporting goods and providing relief to people, according to the minister. The bullet train project, he said, would be implemented along the Mumbai-Nagpur Expressway because it is necessary for people. According to Danve, the Railways are working on the Western Dedicated Freight Corridor project, which will connect Navi Mumbai and Delhi. He promised that tracks between Nanded and Manmad stations would be doubled and that he would investigate whether the Jalna-Khamgaon railway line was viable. The state government has sanctioned a hospital in Jalna for the treatment of those suffering from mental illnesses, according to Maharashtra Health Minister Rajesh Tope, who was also present at the event. Image Source Also read: PM Narendra Modi: Railway stations must ramp up as economic hubs

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App