SCR Records 23 pc Rise in Freight, Passenger Earnings

HYDERABAD: The South Central Railway continued its commendable performance up to February this year that resulted in SCR posting impressive cumulative results, surpassing the Railway Board’s targets for freight loading and gross earnings, fetching laurels from Railway Board. 

Improved maintenance practices, maximising rolling stock utilisation, close monitoring of running of trains, rationalisation of operational practices, have been instrumental for registering the exceptional performance.

The gross originating earnings of SCR from freight and passenger transport stood at Rs  11,764 crore, registered a significant growth of 23 per cent during the reporting period (April 2014 to February 2015). It reflects generation of additional revenue of Rs 2,175 crore when compared to Rs 9,589 crore, grossed during the same period of last year (SPLY).

With the 9.6 MT of freight moved during February 2015, SCR’s cumulative freight loading during the reporting period stood at 105.92 MT as against 96.89 MT, carried during the SPLY. SCR posted incremental (extra) loading of 9.03 MT during the reporting period which is 9.30 percent higher when compared to the loading during SPLY. SCR surpassed the proportionate target of 102.49 MT, set by Railway Board up to February by 3.3 percent.

The freight earnings till the end of February 2015 grew to Rs 8438.40 crore, which is 26 percent higher as compared to Rs 6,708 crore. Freight earnings constituted around 72 percent of the gross earnings of the SCR Zone.

The cumulative loading at Krishnapatnam has gone up to 19 MT, registering 50 percent increase when compared to the loading during SPLY.  Coal, Iron ore, Cement and fertilizers are the major commodities being loaded at Krishnapatnam and Kakinada Ports.

Apart from regular train services, SCR also ran several special trains to clear extra rush of passenger traffic during holidays and festive seasons.

SCR carried 333 millions of originating passengers from April 2014 to February, 2015, ie, around 10 lakh passengers on an average per day. The earnings from passenger transportation went up from Rs 2,418 crore to Rs 2,805 crore, registering a 16 per cent growth during the reporting period.

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com