MINISTER OF RAILWAYS (SHRI NITISH KUMAR)
(a) to (d) A statement is laid on the Table of the Sabha.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (d) OF LOK
SABHA STARRED QUESTION NO. 524 BY DR. RAMESH CHAND TOMAR AND
SHRIMATI SHYAMA SINGH, TO BE ANSWERED ON 2.5.2002 REGARDING
FINANCIAL LOSSES DUE TO TOURIST TRAINS.
(a) Only the Royal Orient Express, which runs as a
joint venture with the Gujarat Tourism, has incurred losses.
(b) As per available information approximate losses
during the last three years i.e. from 1998-99 to 2000-01 are
about Rs. 11 crores. The Gujarat Tourism, who operate this
service, advised drop in tourist arrivals due to the natural
calamities in Gujarat.
(c) & (d) The tourist trains have long gestation
period. The formula for sharing ratio is worked out on
the basis of capital investments and recurring
operational costs. Its worthiness depends on the total
revenue generated. The steps taken, in case of less
patronage, are curtailment of frequency of services,
reduction on operating costs, intensive monitoring,
improved marketing, etc.