What is the cost of Indian rail?
The total expenditure of Indian Railways at the end of the fiscal year 2022 was around two trillion Indian rupees. This was estimated to increase to over 2.3 trillion rupees in the following year. The system is operated by the Ministry of Railways and is the fourth largest railway network across the globe.
Is Indian railway in profit or loss?
In the passenger ticket sales segment, the railways lost revenue worth Rs 35,421 crore in 2020-21, compared to 2019-20. After eight months of FY22, the revenue remained Rs 10,000 crore short of the halfway mark in comparison to the pre-pandemic financial year.
Is IRCTC a good stock to buy?
Stock market experts said that the stock has strong support at ₹640 whereas it has strong resistance at ₹930. So, . They advised positional investors to buy IRCTC shares at around ₹670 apiece levels for medium term target of ₹930 per share levels.
How much is it to buy a train?
You can expect an average train cost to be about $5,000,000 including both the engine train or locomotive, and the coaches used in the train. This would be if you were to buy used with about 20 cars attached to the engine.
Is IRCTC good share for long term?
Manoj Dalmia, founder and director, Proficient Equities said, “The stock has been consolidating for a long time in a range. Any breakout above Rs 926 will lead to good moves. We expect an upside of about Rs 20-25 per cent. We are bullish on IRCTC considering various initiatives taken by the government for railways.
How much is a bullet train?
The 2022 business plan estimates that the full, 500-mile high-speed system between Los Angeles and San Francisco will cost as much as $105 billion, up from $100 billion two years ago. In 2008, when voters approved a bond to help build the railroad, the authority estimated that the system would cost $33 billion.
Why is Indian railway in loss?
Indian Railways had to face a huge loss due to the Covid-19 pandemic. In a written reply in Lok Sabha Minister of Railways, Communications and Electronics and Information Technology, Ashwini Vaishnaw informed that Indian Railways’ total traffic revenue decreased by ₹34,145 crore compared to the previous year 2019-20.
What is the price of platform ticket in Indian Railways?
Platform Ticket Rs. 10/- per passenger Abbreviations:- Min = Minimum Dist = Distance Res = Reservation Supp = Supplementary Tatkal Fare General Fare Dynamic Fare Premium Tatkal Fare Suvidha Train Fare Tejas Train Fare
What are the components of Indian railways fare?
Components of Indian Railways fare Base fare Reservation Charge Super fast charge Tatkal Charge Catering Charge GST Dynamic Charge
How to book online railway tickets in India?
Online railway ticket booking can easily be done via PhonePe, UPI, or using the special RY cash from the RY wallet option. Train travellers need not worry anymore! Allow RailYatri to fix everything for you.
Will there be a fare hike in Indian Railways this year?
Ministry of Railways: There shall be no fare hike for passengers over suburban sections and season ticket holders. Indian Railway announced that Railway has decided a marginal increase in fare only over the non-suburban sections. But there shall be no fare hike for passengers over suburban sections and season ticket holders.