News

         NEW DELHI, MAR 9: The Indian Railways has registered a 5.43 per cent growth in total earnings, mopping up Rs 7,147.89 crore, in February against the corresponding period last fiscal. Earnings from goods movement, which contribute about 67-68 per cent to Railways’ total earnings, registered a low growth rate of 2.65 per cent in the month against February 2009. This is lower than the 5.39 per cent growth registered by goods movement in january.

     In absolute terms, the Railways earned Rs 4,793.56 crore in February from freight movement. Earnings from passenger movement and other coaching services registered a 7.59 per cent and 12 per cent growth respectively.

   Passenger earnings were at Rs 2,004.9 crore, other earnings at 188.39  crore. The total approximate earnings in the 11 month  period of April 1, 2009-February 28, 2010 were Rs 77,890.29 crore, anincrease of 8.45 per cent(Rs. 71,821.97 crore), said an official release.

   The total goods earnings touched Rs 52,584.57 crore in the 11 month period, registering an increase of 7.67 per cent. The total passenger revenue earnings were Rs. 21,400.1 crore (Rs 19,922.59 crore), registering an increase of 7.42 per cent. The revenues from other coaching amounted to Rs 2,087.35 crore, an in crease of 15.83 per cent against corresponding period last fiscal.