{"id":4509,"date":"2011-01-27T15:00:52","date_gmt":"2011-01-27T19:00:52","guid":{"rendered":"http:\/\/www.orissalinks.com\/orissagrowth\/?p=4509"},"modified":"2011-01-27T22:31:18","modified_gmt":"2011-01-28T02:31:18","slug":"ecor-earnings-up","status":"publish","type":"post","link":"https:\/\/www.orissalinks.com\/orissagrowth\/archives\/4509","title":{"rendered":"ECOR earnings up; IR’s earnings down"},"content":{"rendered":"

Following is from a report in Pioneer<\/a>.<\/p>\n

\n

East Coast Railway (ECoR) GM Arvind Kumar Vohra …<\/p>\n

He informed about the achievements made by the ECoR during the last three quarters both at the freight and passenger fronts. During the period, ECoR has earned `6140.72 crore, 19.77 per cent more than the corresponding period of last year<\/span>. <\/p>\n

It has carried 79.98 MT of freight traffic, 4.91 per cent more as compared to the corresponding period of last year while 59.13 million passengers have been carried which is 12.03 per cent more than the corresponding period of last year.<\/p>\n<\/blockquote>\n

The above is only about the earnings and not about profits. There is no data on that yet. However, Indian Railways as a whole has reduced earnings and may make a loss the last year. Following is from a report in Indian Express<\/a>.<\/p>\n

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The Indian Railways’ great “turnaround story”, which was making waves in business schools till a few months back, now appears headed towards an ignominious end. A sharp decline in earnings and a serious escalation in expenditures are threatening to push India’s transport behemoth to near-bankruptcy.<\/p>\n

… the Railways now has a net deficit of around Rs 2,500 crore. “While our expenditure has gone up by almost Rs 1,330 crore, our earnings are down by Rs 1,142 crore<\/span>,” says a Railway Board official.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Following is from a report in Pioneer. East Coast Railway (ECoR) GM Arvind Kumar Vohra … He informed about the achievements made by the ECoR during the last three quarters both at the freight and passenger fronts. During the period, ECoR has earned `6140.72 crore, 19.77 per cent more than the corresponding period of last […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201,803,3],"tags":[],"class_list":["post-4509","post","type-post","status-publish","format-standard","hentry","category-ecor","category-railway-budget-2011","category-indian-railways-and-orissa"],"_links":{"self":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/4509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/comments?post=4509"}],"version-history":[{"count":0,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/4509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/media?parent=4509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/categories?post=4509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/tags?post=4509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}