RAILWAYS

Railways freight earnings dip by Rs 8,000 crore during lockdown

Hit with the coronavirus outbreak and over two months of lockdown, the Indian Railways has so far suffered a freight earnings shortfall of Rs 8,283 crore when compared to this period last year. Barring foodgrain, the national transporter carried all commodities in its freight basket much less than it did during the corresponding period last year.

Sources said passenger earnings shortfall so far — of April and May — could hover around Rs 9,000 crore by May-end, with all passenger trains suspended since late-March and with only some truncated services running since May 12, over and above the Shramik Special trains.

For running Shramik Specials, the Railways has earned more than Rs 300 crore so far, officials said. But, they added, it has to be squared up with expenses incurred on food and other consumables provided in those trains.

Source
Indian Express
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