Table of Contents
How much does Indian Railway earn in one day?
The national transporter earns about ₹145-150 crore per day ferrying passengers across India, translating into annual revenue of about ₹53,000 crore.
How much do Indian Railways earn?
In financial year 2020, the railway network across the country was around 68 thousand km of length, the fourth largest in the world in terms of size. Its revenue was around 1.75 trillion Indian rupees that same year.
What is the cost of 1 train in India?
A nine-coach bullet train will cost Rs. 60,000 cores whereas high-speed Rajdhani express trains cost around 75 crore. Which means, at the cost of a bullet train, India can afford to have around 800 Rajdhani express trains.
What is the cost of 1 train?
Sources said the train sets currently available worldwide at the standard of Train 18 cost around Rs 250 crore, while the Indian version manufactured by the Integral Coach Factory, Chennai costs around Rs 100 crore.
Is Indian Railway in profit?
Indian Railways with its ongoing transformative initiatives will be “highly profitable” in the coming five to six years, Railway Minister Ashwini Vaishnaw said on Thursday. The minister exuded confidence that the national transporter will have a “superb” business proposition in the coming years.
Is Railway making profit?
What is the cost of a bullet train?
It is being executed by a special purpose vehicle namely National High-Speed Rail Corporation Limited (NHSRCL), with financial and technical assistance from the Government of Japan. The total estimated cost of the project is Rs 1,08,000 crores.
Does India need bullet trains?
Having an alternative mode of transport will decongest the roads. Also, the speed of bullet trains will save the time and boost the businesses in large cities where time is money. The interconnectedness between the towns and cities would reduce the hassle of commuting thereby helping in reducing the migration.
Why do Indian Railways earn more profit than American railways?
Railways in USA earn more profit because they run more freight trains than passenger trains. But in Indian Railways passenger section is given priority . Most of the time freight trains are given the least priority, made to wait at loop lines for long hours.
What is the salary of a railway driver in India?
Now I will tell you about average salary of an Indian Railway Driver. An Assistant Driver (Assistant Loco Pilot)’s starting BASIC PAY (not salary, which is greater than Basic Pay) is Rs.19900/. He will be promoted in Senior ALP in about 6 years.
How many trains are there in India on an average?
On an average 20,038 trains are on the run in India at any given moment! On an average, a train runs 63 km on a day for every running track kilometre that exists. Total Distance Traveled by all Indian Railways trains in a year: 1.16 billion (116 crores) kilometres. Passenger: 770.3 million km; Freight: 393.44 million km.
What is the salary of an assistant pilot in Indian Railways?
An Assistant Driver (Assistant Loco Pilot)’s starting BASIC PAY (not salary, which is greater than Basic Pay) is Rs.19900/. He will be promoted in Senior ALP in about 6 years. Then his BASIC PAY will be Rs. 25500/. Then in next 4–5 years he will be promoted to Loco Pilot Goods Train.