Business Standard

Thursday, January 09, 2025 | 11:25 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Railways has earned over Rs 400 cr in non-fare revenue during 2017-2019: Govt

Image

Press Trust of India New Delhi

Indian Railways has earned Rs 204.10 crore and Rs 223.53 crore during financial years 2017-18 and 2018-19 respectively from non-fare revenues, Railway Minister Piyush Goyal informed parliament on Wednesday.

In a written reply to a question in the Lok Sabha, Goyal said the total sundry earnings of Indian Railways for 2018-19 were however, Rs 6,996.22 crore (provisional).

"Overall, Indian Railways is not incurring losses. During 2017-18 and 2018-19, surplus generated by Indian Railways was Rs 1,665.61 crore and Rs 3,774.51 crore (provisional) respectively," he said.

The minister further said that in order to generate more revenue, the railways has issued policies for generating non-fare revenues from sources such as mobile assets, out of home advertising, rail display network and content on demand.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 26 2019 | 7:30 PM IST

Explore News