Railways had earmarked Rs 68,139.30 cr as its earnings in the budget target upto September 2013 whereas its actual earnings were Rs 64,017.81 cr as a result the shortfall was Rs 4121.49 cr, Minister of State for Railways Adhir Ranjan Chowdhury said in a written reply in the House.
The shortfall has been contributed by both passenger and freight segments, he said.
In the passenger segment, the shortfall is primarily due to lesser number of originating passengers, reduction in advance ticket booking from 120 days to 60 days.
However, there is an increase of Rs 5936 cr in revenue during this period as compared to the corresponding period the previous year.