Railway amenities to take a hit as revenue dips

The Railways’ development and maintenance work is expected to slow down due to a severe fund crunch following the suspension of train services during the lockdown.

Published: 02nd July 2021 05:17 AM  |   Last Updated: 02nd July 2021 05:17 AM   |  A+A-

Southern Railway

Image for representational purpose only

Express News Service

CHENNAI: The Railways’ development and maintenance work is expected to slow down due to a severe fund crunch following the suspension of train services during the lockdown. The Chennai division of the Southern Railway, which earned a whopping Rs 3,202 crore in 2019-20, made just Rs 1,407.22 crore in 2020-21. Southern Railway officials say the drop in revenue won’t impact ongoing projects, but Express has learnt that upkeep of stations and projects related to passenger amenities are likely to be affected.

The Chennai division’s earnings, which stood at Rs 3,328.69 crore in 2016-17, dropped to Rs 3,048.91 crore in 2017-18. It then rose to a whopping Rs 3,721.48 crore in 2018-19, and Rs 3,202.62 crore in 2019-20, before plunging to Rs 1,407.2 crore in 2020-21.

The earnings from passenger ticketing fell from Rs 2,014.52 crore in 2019-20 to Rs 476.83 crore in 2020-21. Between 2016 and 2020, the Chennai division had an average of 50 crore passengers per year. In 2020-21, the figure fell to 7.6 crore, the documents showed.

A spokesperson of the Southern Railway, meanwhile, said the loss in revenue won’t impact the developmental work. “Funds for ongoing projects are released through the annual budget centrally. The Proposed works to upgrade passenger amenities will continue.”


Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.