Search Forum
Blog Entry# 2310671
Posted: Jun 07 2017 (16:17)
1 Responses
Last Response: Jun 07 2017 (16:17)
1 Responses
Last Response: Jun 07 2017 (16:17)
Jun 07 2017 (12:39) Suresh Prabhu-led Railways inks major success, passenger traffic jumps 2.5%; suburban system logs 4% growth
Jayashree^ 51390 news posts
In what may signal a sustained revival in passenger traffic of Indian Railways (IR), the segment witnessed a 2.5% growth in the April-May 2017 period compared...
- PASSENGER TRAFFIC REVENUE
* Suburban travel is a big loss making venture for IR, and a 4% growth in suburban travel may not necessarily be financially good for IR.
4% growth in suburban travel giving 500 Cr extra revenue shall be profitable if the extra suburban services operated by IR incurred extra expenditure of less than 500Cr Rs (which actually is likely to be about Rs 700-800 crores).
*Suburban...
more...
* Suburban travel is a big loss making venture for IR, and a 4% growth in suburban travel may not necessarily be financially good for IR.
4% growth in suburban travel giving 500 Cr extra revenue shall be profitable if the extra suburban services operated by IR incurred extra expenditure of less than 500Cr Rs (which actually is likely to be about Rs 700-800 crores).
*Suburban...
more...