Railways' post growth in passenger traffic, revenue

Image
IANS New Delhi
Last Updated : May 25 2017 | 8:23 PM IST

The Railway Ministry on Thursday reported a rise in passenger traffic and revenue generation during 2016-17.

According to the ministry, sustained efforts during the last three years have allowed it to arrest negative growth and enhance passenger earnings.

"For the first time in recent year negative growth has been ceased and increase in the number of passenger and earning started," the ministry said in a statement highlighting its achievements during the last three years.

As per official data, the railways' passenger traffic increased by one per cent in 2016-17 to 822.1 crore passengers from 815.1 crore ferried during 2015-16.

"Passenger earnings in 2016-17 was estimated at Rs 2,000 crore more than last year. The total earnings in 2016-17 are estimated to be around Rs 47,400 crore. This is the highest ever passenger earnings," the ministry said.

In terms of enhanced amenities, passengers were provided with free "WiFi at 142 stations" and free optional travel insurance.

The ministry pointed out that it has implemented 262 new services -- by giving extensions to 135 trains. During the period under review -- five new Humsafar Express trains, two new Antodaya trains and one each of high-speed "feature rich" Tejas and Mahamana Express were started.

Besides, 36 per cent capacity augmentation was achieved as 155,949 additional berths were made available in the last three years.

In addition, average speed of 350 trains were increased and 104 trains were converted to "Superfast Express" in 2016-17.

--IANS

aks/rv/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2017 | 8:14 PM IST

Next Story