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Jan 14, 2013, 10.37 PM IST
Railways have failed to meet its target in passenger and freight earnings during the period of April to December, 2012. The total passenger earnings during this period were Rs 23,025.36 crore as against the target of Rs 23,536.41 crore.
Also read: No rollback in rail fare hike, says Bansal
The earnings in passenger sector were 2.17 per cent less than the target fixed by the Railways for the nine months in this fiscal. However, after the recent fare hike, Railways is hopeful of meeting the total earning target by the end of fiscal 2012-13. "There are still three months left in the current financial year and the recently announced hike will help in achieving the target in passenger earnings," a senior Railway Ministry official said.
Passenger earnings have been fixed at Rs 36,073 crore for fiscal 2012-13.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy