Calendar

Apr-2014
M T W T F S S
14 15 16 17 18 19 20
Economic Events
list No economic event today
Results
list No result today
IPO
listNo IPO today
 

Gross Traffic Receipts to Rise by Rs.180.6bn in 2013-14: Rly Min

India Infoline News Service/ Mumbai 14:59 , Feb 26, 2013

The number of passengers is expected to increase by 5.2% and the passenger fare earnings target has been kept at Rs 42,210 cr.

The Minister of Railways Shri Pawan Kumar Bansal has said that a target of 1047 MT of revenue earning originating traffic has been kept for 2013-14, which is about 40 MT more than the current year. The freight earnings target has accordingly been set at Rs 93,554 crore, a growth of 9%. 

The number of passengers is expected to increase by 5.2% and the passenger fare earnings target has been kept at Rs 42,210 cr. 

While Presenting the Railways Budget for 2013-14 he said that factoring in the impact of expected growth of 11% and 10% in other coaching and sundry earnings respectively are expected to be Rs 1,43,742 cr, an increase of Rs 18,062 cr over the revised estimates of 2012-13. 

Ordinary working expenses have been fixed at Rs 96,500 cr i.e. 14% higher than the current year. After appropriations to various funds, the year 2013-14 is likely to see a balance of Rs. 12506 cr in the Railway funds.

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5

Recent News Videos