New Delhi, April 14
Indian Railways has registered an improved operating ratio at 98.32 per cent and an increase in earnings to Rs 2.65 lakh crore for the financial year that ended March 31, according to official figures.
For the financial year 2024-25, passenger revenue recorded a 6.4 per cent increase while freight income went up by 1.7 per cent.
Indian Railways (IR) has improved its operating ratio, which reflects the efficiency level in performance, to 98.32 per cent. This means that the railways spent Rs 98.32 to earn every Rs 100 during 2024-25. During 2023-24, the operating ratio was 98.43 per cent as the railways spent Rs 98.43 for every Rs 100 earned,
Cost-cutting measures in railways include manpower management and electrification of tracks, which has led to huge savings as running trains with diesel locomotives is more expensive, a senior official said.
The operational efficiency of IR has been improved with the speed potential of 110 kmph for trains extended across 80,000 km at present, which was only about 31,000 km in 2014. In addition, upgradation and improvement of about 23,000 km track has been done from 2014-15 to 2024-25 for a speed potential of 130 kmph, he added.
With more people travelling by reserved class and a growth in freight traffic, Indian Railways recorded increased earnings during the year.