Trains may be running full, but there is a decline in number of tickets booked in the past six months, causing worry for cash-strapped Railways.
The number of passengers travelling in the non-suburban sector, which include reserved and unreserved class in mail and express trains, during April-September was 1,982.35 million as against 2,058.03 million in the same period last year. Ticket bookings in the six-month period, according to Railway Ministry data, showed a decrease of 3.68% as compared to last year.
Though the passenger fare along with reservation fee and super-fast surcharge were hiked this year, the growth in earnings is not up to the expectation. The passenger earnings during April-September period were Rs 18,099.83 crore as against Rs 15,582.42 crore during the same period last year, an increase of 16.16% only though the projection was more than 20%.
Read the full report here, Moneycontrol