Indian Railways,
fail to meet earnings target
Despite attempts to
improve its financial health,
Railways' earnings have shown a
negative...
more... trend as against the target
in the first five months of the
current fiscal.
The total earnings during April-
August this year were Rs 48,635.19
crore as against the target of Rs
49,994.28 crore, falling short of Rs
1359.09 crore, according Railway
Ministry data.
The national transporter has
registered decline in both freight
and passenger earnings during this
period.
The earnings from passengers were
Rs 12,695.37 crore while the target
was Rs 12,979.37 crore for this
period, a gap of Rs 284 crore.
Earnings from transportation of
goods has also witnessed negative
growth during April-August period.
While the target for this period was
fixed at Rs 34,848.64 crore,
railways could earn Rs 33,640.86
crore, falling short of Rs 1207.78
crores.
Source:fb group
(LOCO Pilot Indian Railway)
