Indian Railways running on deficit track In the Railway Budget presented on February 24, the Railways had revised downwards the revenue excess estimate by nearly 65 per cent to Rs 951 crore from the earlier projection of Rs 2,642 crore.
Indian Railways' earnings up by 10% Continuing the trajectory of growth, Indian Railways have earned Rs 7,292.25 crore (Rs 72.92 billion) in April compared to Rs 6,648.08 crore (Rs 66.48 billion) during the same period last year, registering an increase of 9.69 per cent.
Why Railways incurred loss of Rs 79 cr in 09-10 Indifferent attitude towards withdrawal of uneconomical stoppages, "injudicious" creation of passenger amenities and failure to augment coaches on time have led the Railways to incur a total loss of Rs 79 crore, Comptroller and Auditor General said its report for 2009-10.
Railways fail to achieve Plan targets It was planned to add 2,000 kms of new lines, convert 10,000 km of metre/narrow gauge into broad gauge, double the 6,000 km of single track and electrify 3,500 km of routes during the 11th Plan.
Ticket vending machines at railway stations soon The Railways has decided to install nearly 900 automatic ticket vending machines at stations across the country for the convenience of daily commuters and reduce queues at counters during rush hours.
Railways see 8% rise in earnings The Railways have earned nearly eight per cent more revenue in 2009-10 as compared to the earnings in the 2008-09 fiscal.
Railways to lease real estate assets With a view to exploit its real estate assets, the Indian Railways plans to lease out some of them and aims to rake-in Rs 600 crore (Rs 6 billion) through this move this fiscal, a senior Railways official said.