New Delhi, July 20 (SocialNews.XYZ) The two Tejas trains being operated by the Indian Railway Catering and Tourism Corporation (IRCTC) are running under losses.
IRCTC operates two Tejas trains on routes -- New Delhi-Lucknow and Mumbai-Ahmedabad. A Parliament reply by the Ministry of Railways said that these trains are nor making profits during the last two years because of Covid-19 pandemic.
"In view of Covid 19 pandemic both these trains were not operational for a long period and even the frequency of the trains was reduced. Due to this, Indian Railway Catering and Tourism Corporation (IRCTC) earned less revenue in operation of these two Tejas Train services," said the reply given by the Minister of Railways, Ashwini Mahajan.
While Lucknow- Delhi Tejas train made a profit of Rs 2.33 crore during the year 2019-20 it incurred losses of Rs 16.69 crore and Rs 8.50 crore in the years 2020-21 and 2021-22. Similarly, Mumbai-Ahmedabad Tejas train incurred losses of Rs 2.91 crore, Rs 16.45 crore and Rs 15.97 crore in the years 2019-20, 2020-21 and 2021-22 respectively.
At present, no proposal for operation of regular passenger trains by private operators, is under consideration.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz