Here’s how COVID-19 impacted Indian Railways revenue in FY21, check details
Zee News
The Indian Railways’ total traffic revenue decreased by Rs 34,145 crore from the last fiscal year.
New Delhi: For the financial year 2020-21, the Indian Railways’ total traffic revenue decreased by Rs 34,145 crore from the last fiscal year, Minister of Railways, Communications and Electronics and Information Technology, Ashwini Vaishnaw said in a written reply in Lok Sabha.
The Indian Railways has been making huge losses since the onset of the ongoing COVID-19 pandemic, as several revenue-making operations remain suspended for months.
Overall, the passenger revenue of Indian Railways decreased by Rs 35,421 crore in FY21 as compared to the last financial year. On the other hand, Other coaching revenue plummeted by Rs 2,544 crore in FY21 in comparison to FY20.