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
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.
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
Honorable PM Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the…
The East Zone bagged the Duleep Trophy trophy 2026-27 following the draw between South Zone…
Since the time of the first summit held in 2009, there has been much change…
The group of BRICS countries has grown considerably, with 11 leading emerging economies belonging to…
As India is organizing the 18th BRICS Summit in New Delhi from September 12 to…
The Reserve Bank of India (RBI) has come up with an innovative digital payment features…