Central Railway registers impressive performance in Non-Fare Revenue and Parcel Revenue till December in the Financial Year 2022-23

Central Railway impressive performance in Non-Fare Revenue highest among all zones and Parcel Revenue in April-December 2022. Registers Rs. 60.01 crore in Non-Fare Revenue and Rs. 230.82 crore in Parcel Revenue.

More Details:

Non-Fare Revenue:

  • Central Railway’s performance in Financial Year 2022-23 (April to December) has been impressive with a record revenue of Rs. 60.01crore in Non-Fare Revenue as compared to Rs. 19.05 crore during the corresponding period last year, showing an enormous increase of 215% which is the highest among all zonal railways.

Major Contracts awarded in December 2022:

  • 4 contracts awarded by Mumbai Division for external vinyl wrapping consisting of 20EMUs o­n 19.12.2022 with annual earnings of Rs 95.42 lakh for 3 years.
  • One contract awarded by Mumbai Division for internal advertisement (of 5 EMUs) o­n 19.12.2022 with annual earnings of Rs. 35.09 lakh for 3 years.

Rail Display Network- (RDN):

  • 6 RDN contracts (including 4 digital for 5 years) were awarded by Mumbai Division 12.12.2022 with earnings of Rs. 27.92 lakh per annum, o­ne RDN contract of Kalaburagi station awarded o­n 14.12.2022 with earnings of Rs. 7.31 lakh per annum for 3 years.

NINFRIS- (New, Innovative Non Fare Revenue Ideas Scheme):

  • Hybrid handling of goods at Kamgaon goods shed with earnings of Rs. 3.00 lakh per annum for 5 years.
  • To promote Khadi items-a Kiosk at Nashik Road station for o­ne year with license fee of Rs 0.80 lakh. Both will start functioning very soon.

Parcel Revenue:

  • Central Railway also registered significant revenue of Rs. 230.82 crore through transportation of 3.83 lakh tonnes of Parcel & Luggage in FY 2022-23 (April to December).
  • During the same period in the FY 2022-23, 180 trips of time-tabled parcel trains generated a revenue of ₹13.06 crore and 25 Indent Parcel Cargo Express Trains generated a revenue of Rs. 4.85 crore.

Source: Central Railway- Press Release | Image Credit (representational): MoR