Southern Railway Earns Rs 7,670 Crore Revenue During 2017-18; Registers Growth of 2.1% Over Last Year

Southern Railway Earns Rs 7,670 Crore Revenue During 2017-18; Registers Growth of 2.1% Over Last Year

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Date Of Post: 06 Apr, 2018

Chennai: The Southern Railway has registered over Rs 7,000 crore in revenue last financial year, which includes earnings generated through transportation of goods. A press release said,”Southern Railway has earned Rs 7,670 crore approximately during 2017-18, as gross earnings registered a growth of 2.1 per cent over last year.” Revenue increased through transportation of cargo by 4.7% to Rs 2,739 crore during last financial year.

More Information:

  • It eliminated 158 unmanned level-crossings during 2017-18, the official release said.
  • The release said, as part of measures to enhance the safety of railway bridges, the Railway has introduced remotely-operated robotic vehicle for the first time to take up underwater inspection of bridges.
  • For the current financial year 2018-19, Kerala Rail Development Corporation Ltd, a joint venture company between Ministry of Railways and Government of Kerala has become operational, the Southern Railway said.
  • The release added,”The company is in the process of finalising a detailed project report for taking up major railway projects.”

    Image Credit: Southern Railway

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