the indian railways has been the life line of the counrty as it takes the the burden of atleast 90 percent of the population its the 3rd most largest indian company that has immsense number of empoyess so it has both the significance of the increasing the country growth and maintaiing the standard of life by providing large number of jobs in the country . in the time of the pandemic the indian railways has faced huge shortage of the revennue generation altouhgh it was in debt again it has gone and yet suviving in the worst conditions . the railways ministry has teminted all the type of the passenger trains and only few special trains arerunning to make eefctive the lockdown machinerey in the country . coming toward the other side we had all witnnesed the railways was always in the burden of the loss and the pandemic hs added oil in that fire .there is loss of around 35000 crore from the passenger train in finncial year 2021 .
Currently, Indian Railways is operating only 230 special trains, with an overall occupancy of 75%. According to railway ministry data, only a fourth of these trains have an occupancy rate of 100%. A rapid rise in covid-19 cases and the nationwide lockdown have forced the national transporter to put off plans to introduce more trains.
“Passenger segment is not doing well. We are running only 230 trains and these trains are not fully occupied. Overall occupancy is 75%. Earnings from the passenger segment was ₹ 50,000 crore (last year). We don’t know how the corona situation will unfold,” railway board chairman Vinod Kumar Yadav said in a virtual briefing.https://68ad5308c261d508f471ca2dbe282581.safeframe.googlesyndication.com/safeframe/1-0-37/html/container.html
Yadav said the railways is banking on its freight revenue this fiscal, expecting freight earnings to jump 50% from the previous year.
“But certainly, the passenger segment earnings will be less. We are expecting passenger segment earnings to be 10-15% only. Whatever we will lose from this segment— ₹30,000-35,000 crore—we will have to make it up from freight. That is the target we are keeping,” he said.
The national transporter pegged earnings from freight at ₹1.47 trillion for 2020-21, while passenger revenue is estimated to grow to ₹61,000 crore, according to budget estimates. Railway ministry officials said that these estimates are being re-worked due to the disruption caused by the lockdown. Freight revenue declined close to a third during the first quarter of the financial year 2020-21 at ₹22,266 crore. In terms of volume, it was down 21.4% year-on-year to 241.55 million tonne (mt). Yadav did not disclose fresh targets.
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