Railways posts 8 per cent growth in earnings

Indian Railways have posted a eight per cent growth in earnings between April and October this year as compared to the same period last year, thanks to robust growth witnessed in freight and passenger sectors.

Indian Railways have posted a eight per cent growth in earnings between April and October this year as compared to the same period last year, thanks to robust growth witnessed in freight and passenger sectors.

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The total approximate earnings between April and October stood at Rs 48,322.23 crore compared to Rs 44,614.15 crore during the same period last year, thereby showing an increase of 8.31 per cent, said a Railways spokesperson.

Of this, he said total goods earnings went up to Rs 32,452.79 crore and passenger revenue earnings went up to Rs 13,626.74 crore.

The revenue earnings from other departments was Rs 1317.72 crore during this period, the spokesperson said.

In this period, 4318.23 million passengers bought tickets compared to 4119.89 million during the same period last year.

Similarly, in the suburban and non-suburban sectors, the numbers of passengers booked during April-October 2009 was 2216.08 million and 2102.15 million compared to 2193.73 million and 1926.16 million during the same period last year.