India covid-19 pandemic Provident India

Indian Railways shares an update on how Covid impacted Railways revenue

Reading now: 402
www.livemint.com

₹34,145 crore compared to the previous year 2019-20. This was mainly on account of the decrease in passenger and other coaching revenue by ₹35,421 crore and ₹2,544 crore respectively compared to the previous year.

This decrease was partly offset by an increase in freight and sundry other revenues. Earlier, The Minister of State for Railways was speaking at the foundation stone laying ceremony of an underbridge at the Jalna railway station. "The passenger train segment always runs into losses.

Since increasing the ticket fares affects the passengers, we cannot do so. During the pandemic, the Railways suffered losses of ₹36,000 crore," he said. "Only goods trains generate revenue.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA