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

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter