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Amid a fall in freight loadings, there are more worries for the Indian Railways with passenger bookings declining by over 8 per cent in June.
The public transporter attributes the fall to a rise in ticketless travel and a shift in commuter preference due to improved condition of roads.
The Indian Railway has witnessed a negative growth of over 8 per cent in the passenger segment for June this year as compared to the corresponding period last year, data from the Railway Ministry showed.
A total of 2235.69 million passengers travelled by trains in June 2014 which came down to 2042.04 million in June this year - a decline of 8.66 per cent.
The slide is more on the suburban section as 1076.41 million passengers travelled by trains in June this year against 1222.68 million during the corresponding period last year, a decrease of 11.96 per cent.
"The fall in passenger booking is a cause of worry and we are analysing the cause to take remedial measures," a senior Railway Ministry official said.
Besides ticketless travel, people seem to be opting for road travel also as the condition of roads has improved a lot now, he added.
Railways carried out 4,600 intensive ticket checking drives between May 24 and June 9 across the country to check ticketless travel. These drives resulted in detection of 1.6 lakh cases of unauthorised travel and recovery of Rs 9 crore in penalty.
According to the Rail Budget for 2015-16, Indian Railways' earnings from passenger traffic were estimated to rise 16.7 per cent to Rs 50,175 crore for the current fiscal year, envisaging more people travelling by trains. It estimated 860 crore passengers to travel by trains.
However, if the current trend is not reversed, it would be difficult to meet the target, the official added.
On the freight side, the growth is not very encouraging either.
Railway Minister Suresh Prabhu had announced in the Budget that freight traffic would grow from 1,101 MT in 2014-15 to 1,186 MT in 2015-16 - an increase of 85 MT.
It was expected that the additional 85 MT would come from increased loading of coal, iron ore, cement and food grains.
However, barring coal, the loading of iron ore, cement and food grains was negative as compared to the last year.
Story first published on: July 12, 2015 12:18 (IST)
This article first appeared on profit.ndtv.com
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