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Indian railways posts highest ever passenger earnings in 2017-18

Meanwhile, during the financial year, railways loaded 1,161.66 million tonne freight, up 4.7 per cent from 1,108.79 million tonne last year

Photo: Reuters
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Photo: Reuters

Shine Jacob New Delhi
The Indian Railways’ passenger earnings in 2017-18 have been the highest ever, and clocked a 4.2 per cent increase to Rs 490 billion from Rs 470 billion during the previous financial year.
 
In the last two fiscal years, the railways was able to reverse the trend of a drop in the number of passengers, which increased 0.82 per cent in 2017-18 over the previous year. In 2016-17, growth was 1 per cent, against a drop of 3 per cent in 2015-16, 2.5 per cent in 2014-15, and 3 per cent in 2013-14.
 
Despite facing criticism owing to the flexifare system