Categories: Economy

Railway’s Revenue Up 38 % to Rs 95,486.58 Cr

The overall revenue of Indian Railways at the end of August’22 stood at 95,486.58 cr, showing an increase of Rs. 26271.29 cr (38%) over the corresponding period of last year. The revenue from passenger traffic was Rs.25,276.54cr with an increase of 13,574.44 cr (116%) over the corresponding period of last year, according to official notes movers released by ministry of railways. 

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

What The Data Is Showing:

As per the data, Passenger traffic also increased compared to last year in both the segments, reserved as well as unreserved. The growth from the long distance reserved mail express trains has been sharper than the same in passenger & suburban trains. The other coaching revenue was Rs. 2437.42 cr, showing an increase of Rs.811.82 cr (50%) over the corresponding period of last year, the rail Mistry data showed.

Growth Is Attributed To:

This growth is being fueled by robust growth in the Parcel segment of Indian Railways, the statement said. Goods revenue was Rs.65,505.02cr by August this year and has increased by 10,780.03 cr (20%) over the corresponding period of last year. This has been achieved through incremental loading of more than 58 MT and 18% growth in the NTKMs during the period.  Food grains, fertilizer, cement, mineral oil, container traffic and Balance other goods segments have been important contributors in this growth, in addition to the coal transportation. The sundry revenue was 2267.60 cr, showing an increase of 1105 cr (95%) over the corresponding period of last year.

Find More News on Economy Here

Piyush Shukla

Recent Posts

Dhar Selected for Safe Cities Project, ₹10 Crore Allocated for Safety Measures

Dhar has been selected for the Safe Cities Project 2026 and it marks the major…

12 hours ago

Athletics Integrity Unit Puts India in Category A: Rising Doping Cases Raise Alarm

The Athletics Integrity Unit (AIU) have upgraded the India to the Category A. This category…

12 hours ago

Which is the Oldest University in the World? Check the List of Top-10

Education has a long and rich history. Some universities in the world were built hundreds…

15 hours ago

Archaeological Survey of India Restoration Project at Konark Sun Temple Explained

The Archaeological Survey of India (ASI) has started the important conservation operation at the Konark…

16 hours ago

Which River is known for Forming the Largest River Island in the World?

River islands are special landforms that form inside rivers when soil, sand, and small rocks…

17 hours ago

UK Tobacco and Vapes Bill Explained: Ban for Those Born After 2009

UK Parliament has approved the Tobacco and Vapes Bill which will permanently ban the individuals…

17 hours ago