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Indian Railways revenue up by 10% till Jan
Railway’s earning up to January in the current fiscal has registered an increase of over 10 per cent, raising hope that transporter’s revenue may cross the Rs 1lakh-crore mark for the first time in history.
This could be a sort of a relief for Indian Railway, whose finances are under strain following implementation of the Sixth Pay Commission. The approximate earnings of Indian Railways between April 1, 2011 and January 31, 2012,is reported to be Rs 84155.40 crore as compared to Rs 76223.07 crore during the same period last year with a net increase of 10.41 per cent. Against the target of Rs 94,742 crore for 2010-11, earnings stood at over Rs 94,850 crore in the last fiscal.
Railway’s earning up to January in the current fiscal has registered an increase of over 10 per cent, raising hope that transporter’s revenue may cross the Rs 1lakh-crore mark for the first time in history.
This could be a sort of a relief for Indian Railway, whose finances are under strain following implementation of the Sixth Pay Commission. The approximate earnings of Indian Railways between April 1, 2011 and January 31, 2012,is reported to be Rs 84155.40 crore as compared to Rs 76223.07 crore during the same period last year with a net increase of 10.41 per cent. Against the target of Rs 94,742 crore for 2010-11, earnings stood at over Rs 94,850 crore in the last fiscal.
