India

Railways’ first privately-run train earns a profit in first month of operations

New Delhi: IRCTC’s Tejas Express has made a profit of around Rs 70 lakh till October this year while earning a revenue of nearly Rs 3.70 crore through sale of tickets, sources said, signalling a steady start for the Railways’ first “privately” run train.

The Indian Railway Catering and Tourism Corporation’s Lucknow-Delhi Tejas Express which is a part of the Railways’ that focuses on the goal of developing 50 railway stations of world-class standards and allowing private passenger train operators to run 150 trains on its network.

The train has run with an average occupancy of 80-85 per cent since it began operations on October 5, the sources said.

The Tejas Express on the Lucknow-Delhi route is the Railways’ first experience of running a train by non-railway operator and its own subsidiary IRCTC.

The IRCTC has a slew of benefits worked out for its passengers — combination meals, free insurance of up to Rs 25 lakh and compensation in case of delays.

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