Will premium fares arrest the revenue fall at Indian Railways? - News Summed Up

Will premium fares arrest the revenue fall at Indian Railways?


Passenger revenue generates less than a third of railway revenue. Cumulative railway revenue from April to August this year dropped 5%, the first fall in at least six years, as the chart shows. The latest measure will bring in additional revenue, but it alone may not be able to arrest the falling revenue trend. Passenger revenue generates less than a third of railway revenue. So even if the hike in passenger fares for selected trains perks up passenger revenue by 10%, goods services, due to their sheer size and falling revenue trend, can overwhelm the positive effect.


Source: Mint September 11, 2016 17:37 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */