Indian Railways (IR) witnessed a growth of 6.59 per cent in its earnings during the first 4 months of this fiscal. During April to July, its earnings stood at Rs 29274.55 crore as compared to Rs 27464.14 crore during the same period last year. According to a release issued by railways, out of the total earnings, goods earnings went up to Rs 19796.56 crore during this period, which was an increase of 7.07 per cent.
Similarly, the total passenger revenue earnings during first 4 months were Rs 8162.13 crore as against Rs 7792.58 crore during the same period last year, thus recording an increase of 4.74 per cent. During this period, about 2598.01 million passengers booked ticket as compared to 2454.34 million during the same period last year, the release said.
Indian Railways (IR) which owns and operates most of India’s rail transport has planned to set up 4 bio-diesel plants to reduce its carbon footprint and take forward its experiment with non-conventional form of energy. IR managed by the Ministry of Railways of the Government of India has currently the largest network in Asia transporting 20 million passengers and more than 2 million tonnes of freight daily.
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