Table of Contents
What is the major source of revenue for Indian Railways?
Railways earns its internal revenue primarily from passenger and freight traffic. In 2016-17, freight traffic contributed to about 63\% of the internal revenue. In comparison, passenger traffic contributed to about 28\% of the internal revenue.
Which is the most profitable railway station in India?
Kanpur Central Railway Station (CNB) – 10 Platforms The Kanpur station has 10 platforms serving more than 2.3 million passengers daily. Around 611 trains serve this station every day. According to the railway government report, this is the most profitable railway station in the country.
How much Indian railway earn in a day?
The national transporter earns about ₹145-150 crore per day ferrying passengers across India, translating into annual revenue of about ₹53,000 crore. While goods trains remain operational, they are running at 60 per cent capacity due to demand slackness from the closure of industries/factories.
Is Railways in profit or loss?
The Railways suffered a loss of Rs 38,017 crore in the passenger segment in the last fiscal due to the coronavirus crisis, but some of what it lost was compensated by the goodwill it earned by running Shramik Special trains, ferrying essentials and through innovation in freight movement which helped surpass last years’ …
Is Indian Railway profitable?
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. On Indian Railways’ financial position, the Union Minister said its balance sheet depended largely on the cargo it handles.
Which railway zone is profitable?
East Coast Railway remains India’s most profitable railway zone with freight traffic crossing the 200 million ton mark for the second year in a row. With an operating ratio of 47.71\%, ECoR remains the most profitable zone of Indian Railways.
Which railway platform is largest in India?
Gorakhpur Junction railway station (station code:GKP) is located in the city of Gorakhpur in the Indian state of Uttar Pradesh. It has the world’s longest railway platform….Gorakhpur Junction railway station.
| Gorakhpur Junction | |
|---|---|
| Elevation | 84 metres (276 ft) |
| Owned by | Indian Railways |
| Operated by | North Eastern Railway |
Are Indian Railways profitable?
What is the annual revenue of Indian Railways?
Its revenue was around 1.75 trillion Indian rupees that same year. Of all broad-gauge routes, 71 percent were electrified. That year, the passenger traffic of railways amounted to 8.1 billion, while around 274.5 million passengers travelled domestically via air in India.
How big is the railway system in India?
It is the operator of India’s national railway system. 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. Of all broad-gauge routes, 71 percent were electrified.
What percentage of Indian Railways are electrified?
Of all broad-gauge routes, 71 percent were electrified. That year, the passenger traffic of railways amounted to 8.1 billion, while around 274.5 million passengers travelled domestically via air in India. Rail was the preferred method of travel among domestic travelers due to its cheap fare.
Was railway revenue from scrap sales during covid-19 pandemic higher than previous year?
In a reply to a query filed under the Right of Information (RTI) Act by Madhya Pradesh-based Chandra Shekhar Gaur, the Railway Board has said the revenue from scrap sales during the Covid pandemic-affected 2020-21 was five per cent more than the previous year.