RAILWAYS

Indian Railways suffers a loss of Rs 2,220 crore due to farmers’ protest in Punjab

The Railways said on Friday it has suffered a loss of Rs 2,220 crore, including Rs 67 crore in passenger revenue, due to the ongoing protest by farmers against the Central farm reform laws. The protests, which began on September 24, have affected 3,850 freight trains which could not be loaded. As many as 2,352 passenger trains have been cancelled or diverted so far, it said.

The deadlock between the protesting farmers and the Railways continued with the national transporter rejecting a proposal by the protestors that only freight trains will be allowed to run in the state. “The revenue loss due to cancellation of passenger trains is Rs 67 crore.

Farmers in Punjab, Haryana block roads as part of nationwide protest against farm laws

The Northern Railways, which caters to the region, incurred a revenue loss of Rs 891 crore with an average loss of Rs 14.85 crore daily. From October 1 to November 19, the Railways’ freight loading suffered losses due to cancellations of trains and many being stranded in the outskirts of Punjab meant for Ladakh and Jammu and Kashmir carrying essentials.

Source
moneycontrol
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