Aug 6, 2016

Heavy Expenditure on Subsidies in Indian Railways

Indian Railways carries out certain transport activities which are uneconomic in nature but carried out in the larger interest of the society. The details of losses incurred on account of these activities during the last three years are as under:-
( Indian_Currency_Rupee_New_Sumbol.png In crore)
S.No.
Details
2013-14
2014-15
2015-16
1
Loss on coaching services (suburban and non-suburban passenger traffic, parcel and luggage etc.)

32067

33491

34031
2.
Loss on essential commodities carried below cost of operation

53

69

76

Revenue forgone due to concession being given to various categories of passengers in the passenger fare is Indian_Currency_Rupee_New_Sumbol.png1602 crore for the year 2015-16. There is, however no proposal at present to make any change in the concession being provided.

 

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