Comments
Railways’ earnings from passenger fares dipped further by around ₹400 crore in the third quarter of the current financial year compared to the last quarter, an RTI query has revealed.
However, its revenue from freight loading, which had suffered a ₹3,901 crore deficit in the second quarter, improved by about ₹2,800 crore during the October to December period. Earlier, the national transporter’s earnings from passenger fares had dipped by ₹155 crore in Q2 compared to the first quarter.
A reply to an RTI query, filed by Madhya Pradesh-based activist Chandra Shekhar Gaur, revealed that in Q1 (April-June) of FY20, the Railways earned a revenue of ₹13,398.92 crore from passenger fare. This dipped to ₹13,243.81 crore in the July-September quarter and went down further to ₹12,844.37 crore in Q3 (October-December).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.