Question : REVENUE EXPENDITURE



(a) the details of the losses suffered by the Railways during the last three years, year-wise;

(b) the details of revenue and expenditure of Railways during the last two financial years, year-wise;

(c) the reasons for incurring loss by the Railways which had been making huge profits earlier; and

(d) the remedial steps taken/being taken to turn the Railways into a profit-making unit?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF RAILWAYS (SHRI K.H. MUNIYAPPA)

(a) (a) No, Madam. Railways did not suffer any loss during last three years.

(b) (b) The Revenue earnings and Revenue expenditure (including dividend) of Railways during the last two years are as under:-

(Rs. in crore)

Year Revenue Expenditure

2009-10 89229.29 89228.54

2010-11 96681.02 95276.13 (Prov.)

(c) Does not arise.

(d) Does not arise. However, in order to improve its financial health, Railways are continuously striving to augment traffic earnings and containing the expenditure to the possible extent. For further improvement in earnings, the initiatives taken under freight business segment include plans to improve throughput through increased productivity and efficiency, reduction in wagon turn around time, increasing carrying capacity of wagons, notification of high capacity (25 tonne) routes for carrying additional traffic of bulk commodities, modification of Taper of Base Class-100, distance based surcharge on Iron Ore for export co-related with the international price of Iron Ore, dynamic Pricing Policy for taking advantage in the skew in demand for traffic like levy of Busy Season charge, Development charge, Terminal charge, Busy Route surcharge for traffic to Pakistan and Bangladesh etc. and introduction of more attractive Freight Incentive Scheme for retaining and attracting additional traffic. Initiatives under passenger and parcel business segments include extension of Passenger Reservation System (PRS) and Unreserved Ticketing System (UTS) facilities to more and more location, speeding up of trains, review of trains with low patronage, deployment of additional coaches in well patronized trains, vigorous checking of ticket less travelling, additional leasing of parcel space in certain nominated trains, leasing of vacant compartment of guard in front of SLR coach etc.

On the expenditure side, Railway is striving to improve productivity by better man power planning, assets utilization, inventory management, fuel consumption etc. and controlling expenditure through number of austerity/economy measures.