Central Railways AC suburban trains show 52.05% jump in earning -Governance Now

Central Railways AC suburban trains show 52.05% jump in earning

Service registers revenue of Rs.23.36 crore during April-June 2023

Geetanjali Minhas | July 12, 2023 | Mumbai

#Railway #Mumbai

Central Railways has received an overwhelming response by passengers travelling on its Mumbai AC locals with 49.47 lakh passengers travelling during April-June 2023 with revenue earnings of Rs.23.36 crore. In the same quarter of the previous year, it carried 26.60 lakh passengers (marking a 53.77% increase in the number of passengers this time), and its total earnings for that period last year were Rs 12.16 crore.

On a monthly average basis, the number of passengers increased from 8.86 lakhs in April-June 2022 to 16.49 lakhs in April–June 2023, resulting an increase of 52.6% monthly average earnings from Rs 4.05 crore in April-June 2022 to Rs 7.78 crore in April-June 2023.

The total number of passengers travelling on local AC trains increased from 87,662 during April–June 2022 to 1,63,033 in April – June 2023-2024, a 53.77% increase.

The daily average number of passengers increased from 29,221 to 54,344; up by 53.77%, leading to an increase of 52.4% in daily average earnings, from Rs 13.35 lakh per day to Rs 25.65 lakh per day.

The number of ticketless passengers on AC locals also increased from 4,903 during April–June 2022 to 9,593 during the same quarter in 2023, resulting in penalties of Rs 31.92 lakh this year as compared to Rs 17.79 lakh last year.

Currently, Central Railway runs 56 AC services with four rakes on its suburban section.

Comments

Other News

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2