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

Railway’s Revenue Up 38 % to Rs 95,486.58 Cr: The overall revenue of Indian Railways at the end of August 2022 was Rs 95,486.58 crore, showing an increase of Rs 26,271.29 crore or 38 per cent over the corresponding period of last year, an official statement said on Sunday. The revenue from passenger traffic was Rs 25,276.54 crore, an increase of Rs 13,574.44 crore (116 per cent) year-on-year.

September 2022 Current Affairs Quiz

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:

Goods revenue climbed by Rs 10,780.03 crore (or 20 per cent) to Rs 65,505.02 crore till August-end this 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 Rs 2,267.60 crore, showing an increase of Rs 1105 crore or 95 per cent over the corresponding period of last year, it added.