Indian Railways revenues steam ahead

Indian Railways continued to steam ahead with impressive growth projections with registering earnings of Rs 44,547.52 crore during April-October this year compared to Rs 38,481.83 crore during the same period last year, showing an increase of 15.76 per cent.The revenue from the transportation of goods went up from Rs 25,688.18 crore to Rs 30,151.97 crore during the period-an increase of 17.38 per cent, a ministry official said.The passenger revenue earnings during first seven months of the financial year 2008-09 were pegged at Rs 12,575.05 crore compared to Rs 11,160.90 crore that of last year, registering an increase of 12.67 per cent. The revenue earnings from other coaching amounted to Rs 1,127.55 crore during April-October 2008 compared to Rs. 1,059.87 crore last year, an increase of 6.39 per cent.Petroleum refinery products showed a decline in growth, falling from 6.9 per cent in September 2007 to 2.8 per cent in September this year.