Punjab food grain output to rake in money for N Railways

Total income of Ambala division to jump by 20 pc to Rs 1,800 cr

PTI | May 17, 2010



The Ambala Division of Northern Railway is eyeing 20 per cent jump in its total income to Rs 1,800 crore in 2010-11 by transporting foodgrains, courtesy an expected bumper output of wheat and rice in Punjab.

"We are anticipating 20 per cent jump in our total income in current fiscal, which will mainly be coming from freight collection, for transporting foodgrains including wheat and rice from Punjab to other states," Northern Railway (Ambala), senior divisional commercial manager, G.M. Singh told PTI here today.

Ambala Division's 90 per cent of income generated from freight segment comes from transportation of food grain from Punjab to other states.

"If we have a bumper output of wheat and rice in Punjab this year, it will definitely lead to higher collection of freight as FCI (Food Corporation of India) will be sending out more food grain to other states through our network," he said.

This year Punjab is expecting wheat and paddy output of 150 lakh tonnes and over 155 lakh tonnes, respectively.

Ambala Division covers 64.5 per cent rail network of Punjab, 18.5 per cent of Haryana, 11 per cent of Himachal Pradesh, three per cent each of UP and Rajasthan.

Northern Railway (Ambala) earned total income of Rs 1,517 crore (which comprises of income from passenger and freight segments) in 2009-10 with an average growth of 24 per cent.

Out of the total income, Rs 367 crore was earned from passenger segment with a growth of 11 per cent.

"We saw substantial growth of 29 per cent in freight collection last fiscal because of high output of wheat and paddy in Punjab," he said.

However, railway authorities are looking at 10 per cent growth in income from passenger fares in current fiscal.

Ambala Division has a passenger traffic of 1.8 lakh persons per day.

Northern Railway is also in process of converting Ambala railway station to a world-class one. "We will be submitting our report to GM Northern Railway in 3 to 4 months and thereafter a consultant will be hired to guide us about converting it (Ambala) to a world-class station," said divisional railway manager, Y.P. Singh.

He said Centre has already decided to have world-class railway stations in Delhi, Chandigarh, Ambala, Patna, Chennai, among others.
 

Comments

 

Other News

When Nandini Satpathy told Biju Patnaik: ‘I’ll sit on the chair you are sitting on’

Nandini Satpathy: The Iron Lady of Orissa By Pallavi Rebbapragada Simon and Schuster India, 321 pages, Rs 765

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter