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notjustinfo.com |
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Knowledge centre for MBA students. |
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Performance of Railways in
April-August 2004 September 2004 There has been a marked
improvement in railways safety during the first five months of the current
financial year ending August 2004. The number of train accidents was 100 compared
to 163 during the corresponding period of the previous year. Freight loading registered
6.4 per cent growth exceeding the target of four per cent. Total loading
stood at 237.20 Million Tonnes (MTs) compared to 223.04 MTs for the
corresponding period of the previous year. Lead of freight traffic in
April-July 2004 was 691 kilometres against the target of 680 kilometres. It
was 674 kilometres during the corresponding period of the previous year. During the period, freight
traffic in Net Tonne Kilometre in millions increased by 9.55 per cent over
the last year and 2.78 per cent of the target. The passenger growth over the
last year was 4.91 per cent against the target of three per cent. As a
result, earnings from passenger traffic increased by 5.47 per cent against
the target of 4.8 per cent. The freight earnings
increased by 10.26 per cent over the target of 4.08 per cent. Growth of total earnings over
last year was 10.26 per cent against target of 4.6 per cent. Total earnings in April-July 2004,
compared to Budget proportion was Rs. 117 crores plus; whereas ordinary
working expenses dipped by Rs. 173 crores. This resulted in a net surplus of
Rs. 290 crores. |
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