South Western Railway records highest-ever originating revenue of ₹6,214 crore
The Hindu
Hubballi-Bengaluru double line likely to be commissioned by March 2023
Despite the COVID-19 setback, South Western Railway has registered the highest-ever gross originating revenue of ₹6,214 crore, with its originating freight revenue crossed the ₹4,000 crore mark in the just concluded financial year.
This is the highest revenue recorded by the railway zone ever since it came into existence.
Addressing presspersons along with Additional General Manager P.K. Mishra, General Manager of South Western Railway Sanjeev Kishore said that the zone has recorded originating freight earning of ₹4,160 crore, which was 27.34% more than that of the last year (₹3,266 crore).
“We have also registered the highest-ever capital expenditure of ₹5,560 crore, which is 20.86% more than the previous year’s, the highest-ever parcel revenue of ₹122.18 crore and the highest-ever scrap sales of ₹138.04 crore. With 94.26% punctuality in train operations, the zone stands fourth among all the railway zones,” he said.
Mr. Mishra said that despite the restrictions and slow down due to the pandemic, the railway zone has been able to achieve a record growth on all fronts and in the coming years, it will further improve its performance.
Mr. Sanjeev Kishore said that in freight loading, the railway zone has crossed the 44 million tonne mark for the second time in the last 14 years loading 44.42 million tonnes of freight during 2021-22.
To a query, Mr. Sanjeev Kishore said that track doubling is pending for just over 45 km on the Hubballi-Bengaluru section and the plan is to complete work by December 2022 and commission it by March 2023.
Get set to be mesmerised by Padma Bhushan Begum Parween Sultana, who will perform in Bengaluru this weekend
Tamil Nadu Finance Minister announces budget for 2025, focusing on archaeological excavations and establishment of cultural museums.
The victims in the incident were street vendors. They sold fruits and flowers in the premises of the old structure.
Over 100-year-old school library in Sawantwadi taluka faces threat from potential mining, sparking environmental and health concerns.
Axar Patel appointed captain of Delhi Capitals for IPL 2025, expressing readiness and confidence in leading the team.
Kochi City police seize 2 kg of ganja, arrest 3 students in overnight raid at Government Polytechnic College hostel.
‘Instead of accusing Gen-Z of lacking skills or discipline, we need to ask what drives them’ Premium
At a recent event held in the city, Cambridge University Press & Assessment launched an advisory panel comprising leaders from top global corporations, aiming to bridge the employability gap in India and better align academic output with industry needs. A whitepaper released at the event highlighted the growing importance of communication skills, the need for stronger collaboration between industry and universities, and strategies to bridge the persistent skill gap.
AIADMK and BJP legislators walk out of Assembly during budget presentation, demand resignation over TASMAC irregularities.
Han Kang's witness literature explores human violence and redemption, reflecting on dark chapters in South Korean history.
How did the rupee symbol come into existence: Tamil Nadu government replaces national rupee symbol with Tamil script in Budget 2025 amid language controversy.
Karnataka CM supports DMK-led opposition against delimitation, sends Deputy to Chennai meeting with Tamil Nadu CM Stalin.
Under the NBS, newborns are screened for communication disorders before they are discharged from the hospital. For this, AIISH has collaborated with several hospitals to conduct screening which is performed to detect hearing impairment and other developmental disabilities that can affect speech and language development. The screening has been helping in early intervention for those identified with the disorders, as any delay in the identification poses risk and affects successful management of children with hearing loss, according to AIISH.
Jadavpur University loses Institute of Eminence status due to budget cut, sparking political controversy and student protests.