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Indian Railways Palakkad Division freight earnings up by 163pct
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Wednesday, 01 Feb 2012
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BL reported that the Palakkad division of Southern Railway has shown a growth of 163% in goods earnings during the first 25 days of January.

According to Mr SK Raina divisional railway manager of Palakkad Division, Southern Railway till January 25, the goods earnings from the division stood at INR 21.4 crore against INR 8.13 crore in the corresponding period of the previous year, recording a growth of 163%

Considering the future projections of traffic flow from New Mangalore Port, the goods earnings from the division are likely to increase considerably in the next two months. He said that “This will help us to achieve the target fixed for the division of INR 597 crore.”

Mr Raina said the total earnings during April to December stood at INR 441 crore (INR 419 crore), recording a growth of 5.25%. Of this, the share of passenger earnings stood at INR 295 crore (INR 258 crore), recording a growth of 14.34%

During the first nine months of the current fiscal, the division handled 5.91 crore (5.41 crore) passengers, recording a growth of 9.24%. The division has handled 5 million additional passengers in first three quarters of this financial year, which in itself is a great achievement.

The performance of division has been good in other coaching earnings, sundry earnings, ticket checking earnings and parcel earnings also.

(Sourced from BL)

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