Question : PROFIT EARNED BY RAILWAYS .

(a) the profit and loss of railways against both passengers and freight revenue during the last two years zone-wise;

(b) whether any incentive is being given to the profit earning zones;

(c) if so, the details thereof; and

(d) the steps taken to streamline the loss making zones?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF RAILWAYS AND PARLIAMENTARY AFFAIRS (SHRI O. RAJAGOPAL)

(a) to (d) : A statement is attached.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) to (d) OF LOK SABHA UNSTARRED QUESTION NO. 4586 BY SHRI T.T.V.DHINAKARAN TO BE ANSWERED ON 23.8.2001 REGARDING PROFIT EARNED BY RAILWAYS.



(a)	Profit/ Loss made by Zonal Railways for the last two years for which profit and loss accounts have been finalised viz.1998-99 & 1999-2000 is given below:	(Rs. in crore)
Railway	1998-1999	1999-2000
Central 319.76 380.24
Eastern	-543.63	-669.54
Northern 373.66 807.50
North Eastern -53930	-615.82
Northeast Frontier	-618.93	-706.26
Southern	-429.08	-487.65
South Central 330.81 303.52
South Eastern	1079.93	1218.55
Western 766.75 679.09

(b) to (d) Profit made by Zonal Railways being dependant on the Traffic arising, geographical terrain and spread on which often little or no control is available with the Zonal Railways, these are therefore not termed the basis for granting incentives to the Zonal Railways. The steps taken by Railways to improve profitability include:

(i) Measures to control expenditure by improving staff productivity, asset utilisation, inventory management, fuel consumption, austerity in areas such as travel, publicity, hospitality etc.

(ii) For improving earnings, aggressive marketing with improved freight services and commercial incentives.

(iii) All out efforts to curb leakage of revenues and pilferages

:o:

Question : PROFIT EARNED BY RAILWAYS .

Answer given by the minister

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