Corona conundrum: Railways registers 70 pc loss in passenger earnings; sees profit in freight ...Middle East

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Corona conundrum: Railways registers 70 pc loss in passenger earnings; sees profit in freight
source : Devdiscourse ( Middle East ) () 35
The Railways suffered a loss of Rs 38,017 crore in the passenger segment in the last fiscal due to the coronavirus crisis, but some of what it lost was compensated by the goodwill it earned by running Shramik Special trains, ferrying essentials, and through innovation in freight movement which helped surpass last years' revenues. While regular train services are yet to resume, the focus of the Railways has been to ensure that its freight revenues hold steady. The Railways managed to surpass the freight revenues of last year by Rs 1868 crore or two percent as of March 22 -- paltry gains, but a huge boost, given the problems that came with the coronavirus lockdown. As far as the passenger segm

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