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News Entry# 79075
Jun 22 2012 (11:26)  Madurai railway division's summer earnings up - Times Of India (
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Posted by: Gopal*^  3508 news posts
MADURAI: Summer earnings of the Madurai railway division have gone up when compared to last year this season. According to figures obtained from the commercial department on passenger revenue, the division has achieved Rs 71.59 crore for the period of March to May 2012 when compared to the Rs 64.77 crore last year during the same period. The number of passengers has also increased in these summer months to 98 lakh passengers against 81 lakh last year. The division has operated 464 special trains from April 2012 till date.
For June 2012, the division has realised Rs 14.62 crore till June 17 on passenger revenue while it was Rs 12.81 crore for the same period in 2011. Railway officials say the revenue
is in proportion with the rise in passengers. For the last fiscal, Madurai division has achieved a handsome growth of 10.19 percent over the total target. The total originating earnings for the year 2011-12 up to March 2012 was Rs 530.15 crore against a target of Rs 503.77 crore and against last year's earnings of Rs 433.46 crore. However, railway officials claimed it was too early to project the revenue trend at this stage. The summer special trains operated in these months have contributed for the rise in revenue, they added.
Divisional railway manager A K Goel said the increase in revenue was due to the number of special trains operated for the summer season. "Though it is too early to project the trend on revenue, we feel passenger revenue will show a positive growth because the division will open another three lines in the coming months. The Tirunelveli-Tenkasi section is ready for operation and trains will be operated in the section very soon. Other sections such as Virudhunagar-Manamadurai and Dindigul-Palani will also be opened in the following months, increasing the number of passengers in the coming months," Goel said. The division is also expecting goods revenue to pick up in the coming months. "We hope the goods revenue will pick up from July as imported fertilisers reach Tuticorin port by that time. Last year's performance was very good and we are hoping to exceed it for the current fiscal," he added.
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