GOVERNMENT OF INDIA
Ministry of Railways
STARRED QUESTION NO. 163
ANSWERED ON MARCH 08, 2013
Losses Suffered by Railways
*163. SHRI RAJEEV CHANDRASEKHAR:
Will the Minister of RAILWAYS be pleased to state:
(a) the present status of losses suffered by Railways; and
(b) the remedial measures Government proposes to take to improve the economic health of Railways?
MINISTER OF RAILWAYS
(SHRI PAWAN KUMAR BANSAL)
(a) & (b): A Statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) & (b) OF STARRED QUESTION NO. 163 BY SHRI RAJEEV CHANDRASEKHAR TO BE ANSWERED IN RAJYA SABHA ON 08.03.2013 REGARDING LOSSES SUFFERED BY RAILWAYS.
(a) Indian Railways did not suffer any losses and generated internal resources of Rs. 7,676 crore in 2011-12 and is expected to generate Rs. 17,469 crore in 2012-13 as per the Revised Estimates.
(b) Indian Railways have taken both non-tariff related measures and tariff related measures to improve its economic health as indicated below:-
They include extension of Passenger Reservation System (PRS) and Unreserved Ticketing System (UTS) facilities to more and more locations, 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 SLR coach etc. In addition, efforts to improve staff productivity by better man power planning, better asset utilization, improvement in inventory management, optimizing fuel consumption etc. and controlling expenditure through number of austerity/economy measures are continuously being pursued.
They include simplification and rationalization of freight/fare structure besides several other measures like introduction of Freight Incentive Schemes etc.