Railways’ plan to make private trains running seems to have received a green signal as the Lucknow-Delhi Tejas Express, the first privately run train in India, posted a profit of Rs 70 lakhs from ticket sales in its first mont of operation, October. It generated a revenue of Rs 3.7 crore through an occupancy rate of 80-85%.
Crux of the Matter
Tejas Express is Indian Railways’ first private train run jointly by a non-railway operator and its subsidiary IRCTC.
In the month of October, the train ran for 21 days.
Railway had to spend an average of Rs 14 lakh to keep the train running, while it earned approximately Rs 17.5 lakh daily from ticket sales.
With the advent of the private sector trains, IRCTC has announced a plethora of benefits – customized meal service, insurance up to Rs 25 lakh as an add-on benefit, and compensation for delays.
Curiopedia
The Tejas Express is India’s first semi-high speed fully air-conditioned train Introduced by Indian Railways. It features modern onboard facilities with automatic doors. Tejas means “sharp”, “lustre” and “brilliance” in many Indian languages. These trains are among the fastest trains in India along with Rajdhani Express, Gatimaan Express, Shatabdi Express, Vande Bharat Express and Duronto Express and get the highest priority on the Indian railway network. Read More
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