RAILWAYS PROFIT AND LOSS: Figures speak

Ludhiana, February 16, 2013: Common man is very much concerned profit and loss of the Railways.

In-fact, this is because of the fact that there is a general perception in the mind of everybody that the Railways have been running into the losses year after year.

But, this is not the fact.

City-based resident Varinder Singh had filed an application under the Right to Information Act, to know the financial condition (year-wise profit/loss) of the Railways.

In reply, Singh, a resident of Chaura Bazaar, Ludhiana has received the following information, which is very interesting. The Railways earned maximum revenue when Lalu Prasad Yadav was the Minister for Railways.

It may be mentioned here that Lalu Prasad Yadav was the Minister for Railways from May 23, 2004 to May 22, 2009.

Moreover, as per the data made available to Singh, the Railways has been earning profit except the years 1966-67, 1967-68, 1969-70, 1970-71, 1973-74, 1974-75, 1975-76, 1979-80, 1980-81, 1983-84 and 1985-85.

Year             Excess (+)/Shortfall (-)

                     (In crores)  

1959-60      20.12

1960-61      32.01

1961-62      24.40

1962-63      42.06

1963-64      49.24

1964-65      13.18

1965-66       18.56

1966-67      -18.27

1967-68      -31.53

1968-69      -7.86

1969-70    -9.83

1970-71    -19.84

1971-72     17.84

1972-73     2.92

1973-74    -115.51

1974-75    -113.83

1975-76    -61.11

1976-77    126.23

1978-79     36.66

1979-80    -66.24

1980-81    -197.87

1981-82      46.59

1982-83     118.31

1983-84    -44.75

1984-85    -195.59

1985-86     178.83

1986-87     101.99

1987-88     84.29

1988-89     21.67

1990-91     175.67

1991-92     435.00

1992-93     441.05

1993-94     1806.08

1994-95     2446.40

1995-96     2870.63

1997-98     1535.22

1998-99     399.08

1999-00     845.89

2000-01     763.59

2001-02     1000.35

2002-03     1115.40

2003-04     1091.41

2004-05     2074.23

2005-06     4337.96

2006-07     10206.32

2007-08     13431.09

2008-09     4456.78

2009-10     0.75

2010-11     1404.89

2011-12     1201.03

(Note: figures for 2011-12 are provisional)