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6.1 pc dip in NFR�s total earnings this fiscal

By PRANJAL BHUYAN
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GUWAHATI, Dec 28 - Even as the Maligaon-headquartered Northeast Frontier Railway (NFR) saw a rise in its passenger and goods earnings during the first half of the current fiscal, dismal revenue generation from sundry earnings brought down its overall earnings on an annual basis.

The total approximate earnings of NFR during the April-September period of 2015-16 stood at Rs 1,560.79 crore as compared to Rs 1,662.42 crore during the corresponding period of the last fiscal. This amounted to a decline of 6.1 per cent in total earnings for the railway zone year-on-year.

The passenger revenue of NFR during the first six months of the current fiscal went up by about 3.7 per cent to touch Rs 524.19 crore as against Rs 505.74 crore in the April-September period of 2014-15.

Earnings from goods also went up by over 5 per cent to Rs 881.48 crore in the period under review. The NFR�s goods revenue has stood at Rs 838.61 crore in the same period of last financial year.

Revenue from other coaching was Rs 89.34 crore, a jump of 14 per cent on an annual basis. The earning from other coaching was Rs 78.32 crore in April-September of last fiscal.

However, the NFR witnessed a huge slump of almost 73 per cent in its sundry earnings during April-September this year, which stood at a mere Rs 65.78 crore as against Rs 239.75 crore in the year-ago period.

The NFR�s half-yearly slump in revenue generation is in contrast to that of the Indian Railways� overall earning. The total earnings of the Railways went up by almost 9 per cent on an annual basis to Rs 78,950 crore in the first half of this fiscal.

Meanwhile, the ordinary working expenses of the NFR during the period under review fell by 4.8 per cent to Rs 2,561.85 crore as compared to Rs 2,691.74 crore in the first half of 2014-15.

Commenting on the fall in the earnings during the April-September period, official sources said that the fall in sundry earnings made a big dent.

�There has not been much auction sale of old railway assets so far this year. Besides, leasing of land has also gone down. These factors have resulted in dip in sundry earnings,� said an official.

Regarding the jump in goods earning, sources said expansion of rail network in the region as well as growth in freight of goods, like construction materials, is a major reason behind it.

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6.1 pc dip in NFR�s total earnings this fiscal

GUWAHATI, Dec 28 - Even as the Maligaon-headquartered Northeast Frontier Railway (NFR) saw a rise in its passenger and goods earnings during the first half of the current fiscal, dismal revenue generation from sundry earnings brought down its overall earnings on an annual basis.

The total approximate earnings of NFR during the April-September period of 2015-16 stood at Rs 1,560.79 crore as compared to Rs 1,662.42 crore during the corresponding period of the last fiscal. This amounted to a decline of 6.1 per cent in total earnings for the railway zone year-on-year.

The passenger revenue of NFR during the first six months of the current fiscal went up by about 3.7 per cent to touch Rs 524.19 crore as against Rs 505.74 crore in the April-September period of 2014-15.

Earnings from goods also went up by over 5 per cent to Rs 881.48 crore in the period under review. The NFR�s goods revenue has stood at Rs 838.61 crore in the same period of last financial year.

Revenue from other coaching was Rs 89.34 crore, a jump of 14 per cent on an annual basis. The earning from other coaching was Rs 78.32 crore in April-September of last fiscal.

However, the NFR witnessed a huge slump of almost 73 per cent in its sundry earnings during April-September this year, which stood at a mere Rs 65.78 crore as against Rs 239.75 crore in the year-ago period.

The NFR�s half-yearly slump in revenue generation is in contrast to that of the Indian Railways� overall earning. The total earnings of the Railways went up by almost 9 per cent on an annual basis to Rs 78,950 crore in the first half of this fiscal.

Meanwhile, the ordinary working expenses of the NFR during the period under review fell by 4.8 per cent to Rs 2,561.85 crore as compared to Rs 2,691.74 crore in the first half of 2014-15.

Commenting on the fall in the earnings during the April-September period, official sources said that the fall in sundry earnings made a big dent.

�There has not been much auction sale of old railway assets so far this year. Besides, leasing of land has also gone down. These factors have resulted in dip in sundry earnings,� said an official.

Regarding the jump in goods earning, sources said expansion of rail network in the region as well as growth in freight of goods, like construction materials, is a major reason behind it.