{"id":633785,"date":"2024-02-09T10:17:02","date_gmt":"2024-02-09T04:47:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633785"},"modified":"2024-02-09T12:59:27","modified_gmt":"2024-02-09T07:29:27","slug":"railways-passenger-revenues-stagnate-over-the-last-decade-growth-below-nominal-gdp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/railways-passenger-revenues-stagnate-over-the-last-decade-growth-below-nominal-gdp\/","title":{"rendered":"Railways\u2019 passenger revenues stagnate over the last decade, growth below nominal GDP"},"content":{"rendered":"<p>The Indian Railways has seen its passenger revenues growing 65% from Rs 44,283 crore in 2015-16 to an estimated Rs 73,000 crore 2023-24, a growth rate that lagged nominal GDP growth (115%), and the growth in competing segments like aviation revenues during the 9-year period. The share of the passenger segment in the railways\u2019 gross traffic revenues hovered in the range of 25-28% during the last decade, excluding the pandemic years when it understandably shrank to a trickle. <\/p>\n<p>Of course, Indian Railways is expecting to earn Rs 106.67 per passenger in 2024-25, almost double the rate of Rs 54.62 in 2015-16. The passenger revenues haven\u2019t grown commensurately because of a dip in passenger volumes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian Railways has seen its passenger revenues growing 65% from Rs 44,283 crore in 2015-16 to an estimated Rs 73,000 crore 2023-24, a growth rate that lagged nominal GDP growth (115%), and the growth in competing segments like aviation revenues during the 9-year period. The share of the passenger segment in the railways\u2019 gross traffic revenues hovered in the range of 25-28% during the last decade, excluding the pandemic years when it understandably shrank to a trickle. Of course, Indian Railways is expecting to earn Rs 106.67 per passenger in 2024-25, almost double the rate of Rs 54.62 in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,264,138],"tags":[],"class_list":["post-633785","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633785","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633785"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633785\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}