N F railway records 21% growth for '05-06
North-east Frontier railway, has recorded an outstanding revenue growth of 21 per cent and a passenger growth of 26 per cent in 2005-06 fiscal, which is the highest among railway zones in the country.
By PTI |
GUWAHATI: The country's smallest railway, the North-east Frontier railway, has recorded an outstanding revenue growth of 21 per cent and a passenger growth of 26 per cent in 2005-06 fiscal, which is the highest among railway zones in the country.
Addressing a press conference here on Thursday, the N F railway general manager A K Sanwalka said the railways achieved a record growth of 26 per cent in the number of passengers and earned revenue that is 21 per cent higher than the earnings in the 2004-05 fiscal.
Although it is one of the most loss-making railways, the N F railway had managed to cut down its loss by 13 per cent, the general manager said.
He said the railways have sanctioned a Rs 22 crore package in the first phase for building a second terminal station at Kamakhya which would reduce congestion in the existing terminal station of Guwahati.
Besides, a Rs 28 crore project is underway to improve the facilities at the Guwahati railway station, Sanwalka said.
ADVERTISEMENT
Announcing a new list of time table for trains, the general manager said, 17 new trains have been added and as many as 650 extra coaches fitted to existing trains to accommodate the increase in the number of passengers.Sanwalka announced the upgradations of three trains, the Guwahati-Ernakulam, Guwahati-Bangalore and Guwahati- Secunderabad to the superfast category from July 1 next.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
