SER achieve a remarkable improvement in freight and passenger earnings

11 December 2017

South Eastern Railway (SER) during the first eight months of the current financial year 2017-18 that is from April to November 2017 has achieved a remarkable improvement in freight and passenger earnings. During this period, freight earnings have registered a growth of 8.47 per cent while passenger earnings have increased by 7.37 per cent. During April to November of 2017-18, South Eastern Railway has generated earnings of Rs 7763.81 crores from originating freight traffic as against Rs 7157.70 crores earned from freight traffic during the corresponding period of last financial year (2016-2017), thus recording a significant jump of Rs. 606.11 crores that is a growth of 8.47 per cent, a SER spokesperson here today said.

The increase in freight earnings has been made possible due to total loading of 98.48 million tonnes of freight during AprilNovember 2017 as against 96.58 million tonnes loaded during the corresponding period of 2016-17, registering a growth of 1.97 per cent. The loading of Iron Ore during the above period has been 58.43 million tonnes which is 3.34 per cent more than the corresponding period of last financial year. Apart from Iron Ore, the other major commodities of loading were Coal, Raw Materials to Steel Plants, Pig Iron & Finished Steel, Cement, Food Grains, Fertilizers, POL and others. South Eastern Railway’s earnings from Passenger Traffic during the period from April-November of financial year 2017-18 has also gone up by 7.37 per cent in comparison to the corresponding period of the last fiscal.

SER earned Rs. 1372.89 crores from Passenger Traffic during April-November of financial year 2017-18 as against Rs.1278.63 crores earned from Passenger Traffic during April to November of 2016-17. Out of total Passenger Earnings of Rs.1372.89 crores, earnings from Suburban Passengers was Rs.71.20 crores while earning from Non Suburban Passengers was Rs. 1301.69 crores. The total number of passengers carried during April-November of current fiscal was 173.96 million.

Source: UNI