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Railways staring at Rs 35,000-40,000 crore drop in earnings this fiscal

The railways has inched ahead of 2019's freight loading by managing to load 3.13 MT of goods on July 27 as compared to 3.12 MT on the same date last year

Indian railways, train services
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However, the cumulative overall loading of freight trains remains 18.18 per cent less than last year till now

Press Trust of India
The railways is staring at a Rs 35,000-40,000 crore reduction in earnings from the passenger segment this fiscal due to the coronavirus pandemic and is trying to augment freight revenue to make up for the loss, Railway Board Chairman V K Yadav said on Tuesday.

The railways has inched ahead of 2019's freight loading by managing to load 3.13 MT of goods on July 27 as compared to 3.12 MT on the same date last year, despite the challenges posed by the Covid-19 pandemic, the national transporter said.

However, the cumulative overall loading of freight trains remains 18.18 per cent less than