The Indian Railways saw the first drop in freight traffic in the 18 years for which the data is available as the country went into a nationwide lockdown in March to control the spread of coronavirus.
For 2019-20, freight volume declined 12.7 million tonnes (mt) while earnings from it were down Rs 2,096 crore.
The distress was evident in passenger figures, too. Passenger earnings for 2019-20 contracted marginally by 1.07 per cent to Rs 50,472.20 crore. For the first 20 days of April, the national transporter saw a loss of Rs 463.30 crore in its earnings from passenger services, down 115.49 per