Conversion of rakes yields higher revenue for WR, CR
A rise in passenger and freight traffic has led to a nearly 10% increase in revenue for the Western and Central Railway in the first three quarters of the current financial year.mumbai Updated: Jan 28, 2012 02:03 IST
A rise in passenger and freight traffic has led to a nearly 10% increase in revenue for the Western and Central Railway in the first three quarters of the current financial year.
Western Railway's overall earnings increased by Rs1,077 crore between April and December 2011, 16.3% more than last year's corresponding period when the number stood at Rs6,606.63crore. For the same period, Central Railway's apportioned earnings improved to Rs5,701.02 crore as compared to Rs5,103.71 crore during the corresponding period in 2010-2011.
Central Railways carried 1249.39 million passengers in this fiscal - 40 million more than it did in the same period in 2010-2011. "Our daily commuters have also increased by 3.83million this financial year. This is due to the successful conversion of all the 785 main line nine-car trains into 12-car trains," said Subodh Jain, general manager, Central Railway.
On the Western line, 110 services were augmented from nine to 12-car formation.
First Published: Jan 28, 2012 02:02 IST