Question : REVENUE FROM FREIGHT TRAFFIC AND WAGON PROJECT



(a) whether the revenue from freight traffic in Railways has increased tremendously during the year 2005-06 in comparison with previous years;

(b) if so, the details thereof during the last three years;

(c) whether the Railways propose to intensify investment in wagon projects;

(d) if so, the details thereof; and

(e) the steps taken by the government to further improve the earning both by passenger and freight traffic in the coming years?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF RAILWAYS (SHRI R.VELU)

(a)&(b): Yes, Sir.

The details of Freight Earning during the last thee years is as under:

(Rs.in crore)	2003-04	2004-05	2005-06
Freight Earning 27617.96 30778.40 36286.97

(c)&(d): During 2005-06, 18681 wagon (in four wheeler units) (including container wagon manufactured by Southern Railways workshop/Golden Rock) were procured at the cost of Rs.1262.10 crores and for 2006-07 the Budgetary provision for procurement of 25000 wagon (in four wheeler units) has been made at the cost of Rs.1814.12 crores.

(e) In order to increase the Passenger and Freight traffic, railways have taken a number of steps, which include running of special trains, attachment of additional coaches for clearing waitlists, intensive ticket checking, implementing Passenger Profile Management (PPM) Project etc. A scheme namely Wagon Investment Scheme (WIS) as launched in 2005 to cater to increasing demand of wagons. Under the scheme private investors are encouraged to invest in general pool railway wagons.