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Wednesday, June 11, 2008

Railways revenue earnings up 19.85 per cent

Robust passenger traffic and booming freight traffic has led the Indian Railways sustaining its growth momentum in the current fiscal year (2008–09). Total earnings of the railways have increased by a whopping 19.85 per cent during the first two months of 2008-09.
Total earnings of the Indian railways on an originating basis during April–May 2008 have increased to Rs. 133.34 billion, as against Rs. 111.25 billion in the corresponding period last year.
Goods earnings accounted for the largest share of the total earnings, with a growth rate of 23.54 per cent, contributing Rs. 91.21 billion earnings, compared to Rs. 73.83 billion recorded in the same period last year.
Simultaneously, increase in passenger traffic has led to total passenger earnings of the Indian Railways rising by 12.28 per cent to Rs. 37.27 billion. Similarly, earnings from other coaching and total sundry earnings have increased to Rs. 3.57 billion and Rs. 1.27 billion respectively.

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