Covid-19 puts break on Indian Railways earnings: National transporter staring at 72% fall in passenger revenue in FY21

“Last year, the passenger revenue was around ₹ 53,000 crore. At this point, we have earned around Rs 4,600 crore, down 87%. In the passenger segment we will earn less, around Rs 15,000 crore in FY21,” Railway Board chairman and chief executive VK Yadav said on Friday at a virtual press meet to unveil the draft National Rail Plan 2030. Budget 2020-21 estimates had pegged earnings from passenger business at ₹61,000 crore.

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