Indian Railways Generates Rs 430 Crore In Revenues Via Fares For Shramik Trains

The Indian Railways has announced that it has generated an amount of Rs 429.90 crore in revenue collected via fares collected for Shramik Trains. Ministry reports suggest that the collections are until 9 July.

The Railways also reported spending roughly Rs 2,400 crore for operations of special Shramik trains. The highest collections were from the states of Gujarat, Maharashtra and Tamil Nadu with Rs 102 crore, Rs 85 crore and Rs 34 crore collected respectively.

While the ticketing fares were to be paid by States, there are reports of local administration collecting fares from migrant workers that were using these special trains to travel to their home states starting 1 May.

A spokesperson from the Ministry of Railroad Transport said that all revenue generated should be taken as receipt in lieu of expenses incurred, that stand at Rs 2,400 crore while operating Shramik trains.

The Ministry said that the average cost of fares for travellers aboard special Shramik trains stood at Rs 600, however the Railways spent roughly Rs 3,400 per head to operate the trains.

The Ministry said, "It may be noted that railways incurred 85% of the cost of operating Shramik Trains. It was an important operation to rise up for the needs of the nation during the lockdown."

The Indian Railways is one of the largest networks in the world, and has been employed by auto manufacturers as well. MSIL recently announced that it had transported over 6.70 lakh vehicles via the railroad network.

The brand has witnessed a year-on-year increase in movement of vehicles via the railways. Maruti dispatched roughly 1.78 lakh cars via the network last financial year, translating to a 15 percent increase from the financial year 2018-19. To know more, click here.

Thoughts About The Rs 429.90 Crore Collected Via Operations Of Shramik Trains

A collection of Rs 429.90 crore against expenses of roughly Rs 2,400 crore isn't a great space to be in. The Indian Railways is in dire need of help, and needs more funds to upgrade its network and trains. We hope the government pays enough attention to its current situation.

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Read more on: #auto news
Article Published On: Saturday, July 25, 2020, 12:38 [IST]
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