FINANCIAL PERFORMANCE OF RAILWAYS IN FIRST QUARTER

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The Railways carried 1286.34 million passengers during the first quarter of the current financial year, ending June, 2003 as compared to 1247.04 million passengers during the corresponding period of the previous year. This recorded an increase of 39.30 millions.

During the period, the Railways saved Rs.718.77 crores in its working expenditure vis-à-vis the budgetary target of expenditure pegged at Rs.8409.61 crores.

As for punctuality of trains, it improved from 90 per cent to 92.1 per cent on broad gauge and from 95 per cent to 97.1 per cent on metre gauge, during the period.