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Railways lost Rs 800 crore in 2016-17

The loss on passenger revenue was around Rs 100 crore

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Shine Jacob
Reiterating its doubts over the sabotage angle being responsible for recent accidents, Indian Railways said on Wednesday due to incidents similar to sabotage, the railways has suffered a loss of more than Rs 700 crore on freight side and Rs 100 crore during the current financial year. 

Interestingly, the national carrier added that some of the 45-odd such incidents that happened in the calendar year 2016 has been referred to the National Investigative Agency and the Central Bureau of Investigation. "There were 45 incidents, including sabotage, tampering of rail tracks, stone pelting and sleepers found on tracks, which are under investigation,"