Technoglitch
Core Member
An over 4 per cent fall in passenger bookings between April and August this year has left the Indian Railway worried, raising concerns about a possible rise in passenger subsidy
. Altogether 3,427.84 million passengers traveled by trains during April and August as against 3,575.30 million during the corresponding period last fiscal, a difference of 147.46 million, recording a fall of 4.12 per cent, according to the country’s largest public transporter. Railways earned Rs 19,394.75 crore during the period as against the target of Rs 20,204.85 crore, a shortfall of 4.95 per cent.
“The long distance journey has seen an increase in the reserved category,” he said, adding “a concerted drive has been launched to curb ticket-less travel.” According to the Railway Ministry data, the public transporter could spend only Rs 17,000 crore of the quarterly planned expenditure against an allocation of more than Rs 1 lakh crore this fiscal. -
Over 4% fall in passenger bookings leaves Indian Railways worried | The Indian Express
. Altogether 3,427.84 million passengers traveled by trains during April and August as against 3,575.30 million during the corresponding period last fiscal, a difference of 147.46 million, recording a fall of 4.12 per cent, according to the country’s largest public transporter. Railways earned Rs 19,394.75 crore during the period as against the target of Rs 20,204.85 crore, a shortfall of 4.95 per cent.
“The long distance journey has seen an increase in the reserved category,” he said, adding “a concerted drive has been launched to curb ticket-less travel.” According to the Railway Ministry data, the public transporter could spend only Rs 17,000 crore of the quarterly planned expenditure against an allocation of more than Rs 1 lakh crore this fiscal. -
Over 4% fall in passenger bookings leaves Indian Railways worried | The Indian Express

