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What is the net profit of Indian Railways?
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.
Is Indian Railway profit or loss?
Indian Railways suffers loss worth Rs 38,017 crore in passenger earnings – BusinessToday.
Is Railway going in loss?
Union Minister Raosaheb Danve on Sunday said that the Railways has suffered losses to the tune of ₹36,000 crore during the coronavirus pandemic, and termed goods trains as the real revenue generators for the national transporter.
Who is the longest train in India?
Dibrugarh – Kanyakumari Vivek Express This weekly train, numbered 15905/15906, is currently the longest train route in the Indian Subcontinent. It joins Dibrugarh in Assam, North-East India to Kanyakumari, Tamil Nadu which is the southernmost tip of Mainland India.
Are Indian Railways in loss?
How do train companies get paid?
How much profit do train companies make? On average train operating companies make two percent of profit, however not all train operators make a profit, and they only make a profit if they run their franchises successfully, which means attracting more passengers to travel and by offering a good service.
How much profit does the Indian Railways make from its services?
So mainly Indian Railways don’t get any profit or sometimes in loss but it is providing us a very affordable service in our day to day life. Extra Shots: Earning Major factor comes from Freight service and it will always gives the profit to IR. 14000 Indian Trains & 8000 Railway Station and 1.3 Million Staff.
How much does it take to break even in Indian Railways?
Revenue earned is 3 lakhs. A basic crude back of the envelope calculation itself works out a loss statement of nearly 99.8\%. To break even at current levels it would take around 600 trips ( about 1200 days) to get back my revenue and capital ( not profit ). Hope you understand why the Indian Railways is running in loss now.
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.
How much will it cost to redesign two railway stations in India?
On July 25, 2021, the Indian Railways Station Development Corporation (IRSDC), a nodal agency of the Ministry of Railways spearheading the re-development of railway stations across the country, claimed that the two railway stations will be redeveloped at an indicative cost of Rs. 1,285 crore (US$ 172.54 million) in four years.
https://www.youtube.com/watch?v=8XGl8UA1zpc