This is how Indian Railways has sought to increase revenue; 5 points
Since revenue generation is a critical function of Indian Railways, it has taken various initiatives to increase earnings from passenger and non-fare services. In a written reply to the Rajya Sabha, Minister of State of Railways Rajen Gohain has stated that evaluation of various alternatives relating to rationalisation of passenger & freight structure is an on-going process.
"Recently, a number of measures have been taken to rationalize the tariff so as to increase revenue. Some of them are: Liberalised Automatic Freight Rebate scheme for traffic loaded in empty flow direction, rebate in freight under Long Term Tariff Contracts (LTTC) with key freight customers, discount on loading of bagged consignment in open & flat wagon, withdrawal of port congestion charge, rationalization of coal & coke tariff etc," the statement said. According to the reply, Indian Railways has taken various measures to increase earnings from passenger and non-fare services. These steps include: Image source: Zee Business