Railways eyes new revenue source: Freight trains to display ads
5 years, 6 months ago

Railways eyes new revenue source: Freight trains to display ads

Live Mint  

For the first time, freight trains will display The South Eastern Railway has awarded a contract under the "Branding on Wheels" scheme to Dalmia Cement for a period of five years for 300 BOXN wagons or five rakes. "The "It is movable advertising and this means that the client will get greater publicity across the route," said an official. Beside awarding the Generation of non-fare revenue has been a thorn in the side of the railways for a long time and despite efforts to launch such initiatives, none of them have actually hit it off. Railways has earned ₹204.10 crore and ₹223.53 crore during financial years 2017-18 and 2018-19 respectively from non-fare revenues, Railway Minister Piyush Goyal informed parliament on Wednesday.

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History of this topic

Railways spends 76% capex for capacity improvement by far in 2024-25
1 day, 21 hours ago

Railways spends 76% capex for capacity improvement by far in 2024-25

Live Mint  

New Delhi, January 8 : Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25. According to the latest expenditure report of Indian Railways till January 5, 2025, heavy investment is made in capacity augmentation, a reality aiming to make rail travel …

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety
5 months, 2 weeks ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

TS Gets Rs 5,071 Cr for Railway Works, MMTS To Be Expedited After Delay
11 months, 1 week ago

TS Gets Rs 5,071 Cr for Railway Works, MMTS To Be Expedited After Delay

Deccan Chronicle  

Hyderabad: The interim Budget 2024-25 allocated Rs 5,071 crore for railway projects in Telangana state, following which railways officials said they would complete the pending MMTS works with the release of funds by the state government. To ease this pilgrimage, the railway authorities are working out new trains.” In his address, railway minister Vaishnaw said: “Indian Railways has been allocated …

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav
1 year ago

₹1 lakh crore investment in new trains, says Rail Minister Ashwin Vaishnav

Live Mint  

The Indian Railways is looking to acquire new trains with a total investment of ₹1 lakh crore over the next few years, Union Railways Minister Ashwini Vaishnaw told The Economic Times. This will entail floating train procurement tenders worth around ₹1 lakh crore which will be honoured over the next 15 years by replacing the older rolling stock," Vaishnaw said. …

Indian railways achieves 1015.6 tonnes of freight loading till November 2023
1 year, 1 month ago

Indian railways achieves 1015.6 tonnes of freight loading till November 2023

The Hindu  

A total of freight loading of 1015.669 tonnes was achieved by Indian Railways against last year’s loading of 978.724 tonnes, on cumulative basis from April – November 2023. During the month of November 2023, originating freight loading of 128.419 tonnes has been achieved against loading of 123.088 tonnes in November 2022, which is an improvement of about 4.33% over the …

Central Railway generates over Rs 54 core non-fare revenue through advertisements
1 year, 1 month ago

Central Railway generates over Rs 54 core non-fare revenue through advertisements

India TV News  

Central Railway: Central Railway has made a significant achievement in generating non-fare revenue through This comes after Indian Railways asked all zonal railways to initiate diverse measures to increase their Non-Fare Revenue, enabling the national transporter to generate income beyond the conventional sources. Central Railway Non-Fare Revenue From April to October 2023, the Central Railway across its five divisions has …

The Indian Railways’ revenue problem
1 year, 2 months ago

The Indian Railways’ revenue problem

The Hindu  

This is the first of a three-part series of articles on the Indian railways, its capital expenditure and freight business. The IR’s spending on repayment of principal and interest is pegged at ₹22,229 crore and ₹23,782 crore respectively, which together make it 17% of revenue receipts, a sharp rise from less than 10% till 2015-16. The annual growth in freight …

Top 4 railway stocks under ₹ 200 to add to your watchlist
1 year, 2 months ago

Top 4 railway stocks under ₹ 200 to add to your watchlist

Live Mint  

After a long time, the Indian Railways are executing projects better than ever. IRFC's strong balance sheet size with nil gross NPA, low overheads, and the Indian Railways' huge capex needs, bode well for the company's growth prospects over the long term. In the month of August 2023, Ircon International shares saw a spike after the company posted good numbers …

India’s metro rail systems should become financially sustainable
1 year, 3 months ago

India’s metro rail systems should become financially sustainable

Live Mint  

The potential of metro rail networks to ease urban traffic congestion and improve air quality, mobility, accessibility and the local economy is globally recognized. Indian metro rail systems suffer from a lack of periodic fare updates, leading to gradual erosion of the real value of fares, plummeting real revenues, increasing subsidy requirements and sudden large fare hikes after long gaps. …

Uttar Pradesh to get highest share of modernisation funds allocated to Railways
1 year, 11 months ago

Uttar Pradesh to get highest share of modernisation funds allocated to Railways

India TV News  

Uttar Pradesh has got the lion's share - Rs 17,507 crore from Rs 2.4 lakh crore allocated to the Railways in the Union Budget 2023-24. According to Union Railway Minister Ashwini Vaishnaw, in the Rail Budget 2023-24, Uttar Pradesh will get Rs 17,507 crore, Madhya Pradesh Rs 13,607 crore, Rajasthan Rs 9532 crore, Uttarakhand Rs 5400 crore, Punjab Rs 4762 …

Record allocation for Odisha rail projects in Union Budget: Vaishnaw
1 year, 11 months ago

Record allocation for Odisha rail projects in Union Budget: Vaishnaw

India TV News  

Railway Minister Ashwini Vaishnaw on Friday said the Centre has allocated a record Rs 10,012 crore for various rail projects in Odisha in the Union Budget. “Odisha had sought an allocation of Rs 8,400 crore, but PM Narendra Modi has provided Rs 10,012 crore, the highest-ever railway allocation for the state, for the 2023-24 financial year,” Vaishnaw told reporters at …

Budget 2023 | Railways gets outlay of ₹2.4 lakh crore
1 year, 11 months ago

Budget 2023 | Railways gets outlay of ₹2.4 lakh crore

The Hindu  

With an outlay of ₹2.40 lakh crore for the financial year 2023-24 compared to ₹1.40 lakh crore in the FY22-23, Finance Minister Nirmala Sitharaman said that the outlay for the railways is nine times the amount provided in 2013-2014. “The current outlay will be beneficial for 800 crore passengers who annually travel by railways,” Mr. Vaishnaw said. The higher outlay, …

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget
1 year, 11 months ago

Highest-ever capital outlay of Rs 2.40 lakh crore for railways in budget

Firstpost  

Budget papers showed that the net revenue expenditure of the railways is placed at Rs 2,65,000 crore in the Budget Estimate 2023-24 as against Rs 2,42,892.77 crore in Revised Estimate 2022-23 New Delhi: The capital outlay for the railways has been increased to the highest-ever Rs 2.40 lakh crore in the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said …

Railway Budget 2023: Railway Ministry Allocated Rs 2.40 Lakh Crore In Budget
1 year, 11 months ago

Railway Budget 2023: Railway Ministry Allocated Rs 2.40 Lakh Crore In Budget

ABP News  

New Delhi: The Railway Ministry has been allocated 2.40 lakh crore in the Union Budget on Wednesday. Shares of railway-related companies, including Rail Vikas Nigam Ltd and IRCON International, witnessed an up-trend on Wednesday, ahead of the Union Budget presentation in Parliament. Last year, the Railway Ministry was allocated Rs 140367.13 crore in the Union Budget. Nirmala Sitharaman arrived in …

Is Railways on track to draw private capital?
2 years, 11 months ago

Is Railways on track to draw private capital?

Live Mint  

NEW DELHI : Back in July 2020, for the first time in its 169-year history, the Indian Railways offered 109 routes to private players to operate trains on. The share of capital expenditure in Railways’ total expenditure has increased from 28% in 2014-15 to 53% in 2020-21. Meanwhile, what the Railways calls ‘extra budgetary resources’ have increased 10-fold, from about …

Railways Operates 1st AC Cargo Express Train to Carry Chocolates, Noodles
3 years, 3 months ago

Railways Operates 1st AC Cargo Express Train to Carry Chocolates, Noodles

News 18  

The Northern Railway has now started operating an AC cargo express train. The cargo express train, with 20 second and third AC coaches, will be operated from Sanhewal of Ferozepur Division to Yesvantpur of South Western Railway. This was the time that an AC cargo express train ran on Indian tracks, officials said. Northern Railway General Manager Ashutosh Gangal said, …

400 Stations, 90 Passenger Trains, Konkan Rail to Be Monetised; Assets to Fetch Rs 1.52 Lakh Cr
3 years, 4 months ago

400 Stations, 90 Passenger Trains, Konkan Rail to Be Monetised; Assets to Fetch Rs 1.52 Lakh Cr

News 18  

A total of 400 stations, 90 passenger trains, railway stadiums and colonies, and the famed Konkan and hill railways are among the assets identified by the government for monetisation. Monetisation of railways’ brownfield infrastructure assets would garner over Rs 1.52 lakh crore in four years till fiscal 2025. Railway assets would contribute 26 per cent of the Rs 6 lakh …

Railway Says Cumulative Freight Revenue Surged Past Previous Fiscal for First Time Since Pandemic
3 years, 10 months ago

Railway Says Cumulative Freight Revenue Surged Past Previous Fiscal for First Time Since Pandemic

News 18  

For the first time post the spread of COVID-19, Indian Railway’s cumulative freight revenue surged past previous fiscal and stood at Rs 98,068.45 crore from April to February in FY 2020-21 compared to Rs 97,342.14 crore in the corresponding period of FY 2019-20. On a monthly basis, railway freight revenue has surged Rs 206 crore ahead in February 21 compared …

COVID-19 impact: Railways traffic earnings down 42% till August, says Piyush Goyal
4 years, 3 months ago

COVID-19 impact: Railways traffic earnings down 42% till August, says Piyush Goyal

The Hindu  

With regular operations disrupted due to the COVID-19, the traffic earnings of the Railways has declined by over 42% to ₹41,844.31 crore till August over the same period last year, Parliament was told on Wednesday. “Consequently, the traffic revenue for the period, at ₹41,844.31 crore, has declined by 42.3% over the corresponding period last year,” Minister of Railways Piyush Goyal …

Indian Railways: 80 new trains from September 12, tickets available from today
4 years, 3 months ago

Indian Railways: 80 new trains from September 12, tickets available from today

Hindustan Times  

The Indian Railways will run 80 new trains starting from September 12, tickets of which went live on Thursday at the Indian Railways website. These trains will be in addition to the 230 special trains already in operation — introduced at various stages of lockdown and unlocking in the last six months. From May, the railways resumed operations in a …

In a First, Indian Railways' Refund Exceeds Earning from Ticket Bookings, Shows RTI
4 years, 4 months ago

In a First, Indian Railways' Refund Exceeds Earning from Ticket Bookings, Shows RTI

News 18  

Perhaps for the first time in its 167-year-long history, the Railways has refunded more than it has earned from ticket bookings, registering a negative passenger segment revenue of Rs 1,066 crore in the COVID-19-hit first quarter of 2020-21, an RTI query has found. The first three months of this financial year, when the Railways had to suspend all its regular …

Railways Staring at Rs 35,000-Rs 40,000 Crore Reduction in Earnings from Passenger Segment This Fiscal
4 years, 5 months ago

Railways Staring at Rs 35,000-Rs 40,000 Crore Reduction in Earnings from Passenger Segment This Fiscal

News 18  

The railways is staring at a Rs 35,000-40,000 crore reduction in earnings from the passenger segment this fiscal due to the coronavirus pandemic and is trying to augment freight revenue to make up for the loss, Railway Board Chairman VK Yadav said on Tuesday. The average speed of freight trains on July 27 was 46.16 kmph which is more than …

Train journey to cost more, Railways likely to hike fares
5 years ago

Train journey to cost more, Railways likely to hike fares

India TV News  

Railway travel is likely to get costlier as Indian Railways are planning to increase prices of tickets this week. According to the reports reported in media, Indian Railways' freight revenue fell by Rs 19,412 crore between April and October this year. Indian Railways have not gone for a passenger fare hike in the past few years. It has been proposed …

Salary, social obligations take away big funds of Railways: Piyush Goyal
5 years, 1 month ago

Salary, social obligations take away big funds of Railways: Piyush Goyal

India Today  

Union Railway Minister Piyush Goyal on Wednesday responded on Comptroller and Auditor General of India report which stated operational losses of Indian Railways increasing manifold. Railways have been spending an additional Rs 22,000 crore on salaries and pensions of its employees following implementation of the 7th Pay Commission recommendations, which has hit its financial health, Railway Minister Piyush Goyal said …

Here's how much Indian Railways earned through sale of platform tickets in a year
5 years, 1 month ago

Here's how much Indian Railways earned through sale of platform tickets in a year

India TV News  

Speaking in the Parliament on Wednesday, Railway minister Piyush Goyal gave a detailed report on the Indian Railways. In addition to the existing strength of women Railway Protection Force personnel, 4,078 female constables and 298 sub-inspectors have been recruited and empanelled, who have started their training, Piyush Goyal said. Speaking of the earnings by the Indian Railways, Piyush Goyal said …

Railways earn Rs 1,377 crore in fines from ticketless travellers in 3 years; up by 31 per cent from 2016
5 years, 4 months ago

Railways earn Rs 1,377 crore in fines from ticketless travellers in 3 years; up by 31 per cent from 2016

India TV News  

Railways' earnings from fines on ticketless travellers has gone up by around 31 per cent in the last three years, an RTI has found. Efforts to curb ticketless travel have resulted in the Indian Railways earning a revenue of Rs 1,377 crore in fines between 2016 and 2019, it said. Following this, the railway board directed its zonal railways to …

Railways gets Rs 65,837 crore budgetary support, Rs 1.60 lakh cr capex outlay
5 years, 6 months ago

Railways gets Rs 65,837 crore budgetary support, Rs 1.60 lakh cr capex outlay

India TV News  

Railways has got a budgetary allocation of Rs 65,837 crore and the highest ever outlay for capital expenditure amounting to Rs 1.60 lakh crore from Union Finance Minister Nirmala Sitharaman in her Budget. Last year, the outlay for the railways was Rs 1.48 lakh crore while the Budget allocation was Rs 55,088 crore. However, what will remain the Railways' major …

Interim Budget 2019: Railways gets Rs 1.58 lakh crore, highest ever for national transporter
5 years, 11 months ago

Interim Budget 2019: Railways gets Rs 1.58 lakh crore, highest ever for national transporter

India TV News  

Finance Minister Piyush Goyal on Friday announced a capital expenditure allocation of Rs 1.58 lakh crore for the Railways, the highest ever for the national transporter, in an effort to put its flagging revenues back on track. Last year, then finance minister Arun Jaitley had allocated an amount of Rs 1.48 lakh crore for the Railways in his budget. "Capital …

Budget 2019: Safest year for Indian Railways, says Piyush Goyal
5 years, 11 months ago

Budget 2019: Safest year for Indian Railways, says Piyush Goyal

Live Mint  

New Delhi: The Union budget has allocated ₹64,587 crore outlay for Indian Railways for the upcoming financial year 2019-2020 to expand the railway infrastructure in the country. In his interim-budget speech on Friday, the finance minister Piyush Goyal said Indian Railways has witnessed its safest year in the history in 2018-19 and the national carrier has been able to remove …

Budget 2019: Railways get ₹1.58 trillion
5 years, 11 months ago

Budget 2019: Railways get ₹1.58 trillion

Live Mint  

The Union budget has allocated a record of ₹1.58 trillion outlay for Indian Railways for the upcoming financial year 2019-2020 to expand the railway infrastructure in the country. Whether it is highways or railways or airways or even digi-ways, we have gone beyond incremental growth to attain transformative achievements.” Presenting the figures, Goyal said the capital support from the budget …

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