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Railways in sound financial health: Ashwini Vaishnaw
Hindustan Times Ranchi
|March 18, 2025
Indian Railways' financials are in good condition with continuous improvement efforts underway, railways minister Ashwini Vaishnaw informed the Rajya Sabha on Monday.
NEW DELHI:
During a debate on the working of the railways ministry, Vaishnaw noted that the national transporter has successfully overcome pandemic-related challenges, with passengers returning to train travel and both passenger and cargo traffic showing growth.
During 2023-24, Indian Railways reported a revenue of approximately ₹2,78,000 crore against expenses of ₹2,75,000 crore. Major expenditure components include staff costs (₹1,16,000 crore), pension payments (₹66,000 crore), energy expenses (₹32,000 crore), and financing costs (₹25,000 crore).
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