Corona hits hard to the railway, will have to suffer this much loss
Corona hits hard to the railway, will have to suffer this much loss
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PM Modi has implemented lockdown till May 3 to prevent corona infection. At the same time, Corona has taught many such lessons to the railways which will have a long lasting effect. The railway is so hurt by the lockdown that it will be difficult to recover. For this, he may have to rethink his decisions and methods. After Corona, the railway will not be the same. Yes, due to the corona lockdown, the railways have suffered a loss of Rs 15 to 20 thousand crores.

For your information, let us tell you that due to the halt of passenger traffic and the freight traffic is halved, the railways have almost lost the revenue of about 10 thousand crore rupees. Whereas the same loss has been caused by the production of coaches, locomotives and wheels etc. in the factories. This situation is when the railway was already in deficit. In the last financial year, against the target of Rs 1.90 lakh crore, she was able to earn only Rs 1.80 lakh crore revenue and as a result the operating ratio was saved by going above 100 percent.

According to the former Railway Board officials regarding this matter, the hope of recovering from the new losses due to corona due to the hammer at the beginning of the current financial year has also become dusty. Not only this, even after the end of the lockdown, due to the strict rules in force for a long time, the possibility of rail traffic is normal in the near future. In such a situation, the Railways will have to adopt unprecedented measures to compensate the loss and increase the revenue. He may have to rethink some decisions taken earlier.

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