{"id":617769,"date":"2023-11-16T12:41:14","date_gmt":"2023-11-16T07:11:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=617769"},"modified":"2023-11-16T12:41:14","modified_gmt":"2023-11-16T07:11:14","slug":"railways-set-to-earn-over-rs-1-5-lakh-crore-this-fiscal-freight-earnings-reach-rs-1-lakh-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-set-to-earn-over-rs-1-5-lakh-crore-this-fiscal-freight-earnings-reach-rs-1-lakh-crore\/","title":{"rendered":"Railways set to earn over Rs 1.5 lakh crore this fiscal, freight earnings reach Rs 1 lakh crore"},"content":{"rendered":"<p>The Indian Railways is on track to surpass the revenue target of Rs 1.5 lakh crore, following the recent milestone of earning Rs 1 lakh crore from freight. Although the overall revenues have increased by 6.5% during this fiscal year, they fall short of the annual growth target of over 9% set for 2023-24. Despite this, railway officials remain optimistic about achieving the annual target, as economic activity is expected to pick up post-monsoon, resulting in increased goods loading, a TOI report stated.<\/p>\n<p>During the financial year up to October 13, passenger revenue reached Rs 43,101 crore. The introduction of trains like Vande Bharat has contributed to a 7% increase in earnings from reserved passengers, amounting to Rs 31,875 crore. However, there has been a 4.7% decrease in the number of passengers, totaling 47.4 crore. This indicates that the revenue per passenger has increased.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian Railways is on track to surpass the revenue target of Rs 1.5 lakh crore, following the recent milestone of earning Rs 1 lakh crore from freight. Although the overall revenues have increased by 6.5% during this fiscal year, they fall short of the annual growth target of over 9% set for 2023-24. Despite this, railway officials remain optimistic about achieving the annual target, as economic activity is expected to pick up post-monsoon, resulting in increased goods loading, a TOI report stated. During the financial year up to October 13, passenger revenue reached Rs 43,101 crore. The introduction of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,258,136],"tags":[],"class_list":["post-617769","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=617769"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/617769\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=617769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=617769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=617769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}