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This is an archive article published on February 24, 2010

Railways to earn over 26k cr from passengers

The Indian Railways said it expects earnings from passenger traffic to rise 9 per cent to to Rs 26,126.47 crore in the next fiscal.

The Indian Railways said it expects earnings from passenger traffic to rise 9 per cent to to Rs 26,126.47 crore in the next fiscal.

According to the Railway Budget,Rs 24,350.10 crore would come from non-suburban passengers while Rs 1,776.37 crore from suburban traffic.

For the current fiscal,the earning estimates are at Rs 24,057.03 crore.

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The Railways has also said it would carry 777 crore passengers in the next fiscal,an increase of over 5 per cent compared to the current financial year.

Commuters ferried by the Railways in 2009-10 stands at 737 crore,according to the Budget.

It is expected that in the next fiscal,over 404 crore passengers would come from the suburban areas and 372 crore from the non-suburban areas.

In the next fiscal,the suburban commuters traveling ordinary second class along with the non-suburban travelers are expected to bring in the chunk of the revenues.

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Out of the Rs 1,776 crore revenue estimated from suburban passengers in the next fiscal,the Railways has targeted Rs 1,523 crore from ordinary second class.

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