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News Entry# 563204
Aug 02 (10:20) Indian Railways Face Derailment Crisis Amidst Falling Track Renewal Spending
News Entry# 563204 Past Edits
IR Affairs
News Entry# 563204 Past Edits
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Posted by: Railfan_NF^~ 2 news posts
India’s train derailments surge: 19 incidents in 7 months amid declining track renewal spending
Indian Railways have witnessed a concerning rise in train derailments, with 19 incidents occurring in the first seven months of 2023. While railway revenue has increased, spending on track renewals has significantly declined, both as a percentage of revenue and total capital expenditure. This trend is worrisome, as the Comptroller...
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India mein, train derailment ka maamla bahut badh gaya hai, aur is saal ke pehle saath mahine mein hi 19 derailment ho chuke hain. Railway ka revenue toh badh raha hai, par track ko renew karne pe kharch bahut kam ho gaya hai. Ye chinta ki baat hai, kyunki...
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"Railway revenue in 2022-23 was ₹1.2 lakh crore, and the track renewal expenses in that year were 13.5 per cent of the revenue. In FY24(RE), total railway revenue rose to ₹1.5 lakh crore, but spending on track renewal dipped to 11 per cent of revenue. As per last week’s Budget, the railway revenue is budgeted at Rs 1.8 lakh crore in FY25 (BE), and the track renewal spends are pegged at 9.7 per cent of this revenue."
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