Central Railway generates over Rs 54 core non-fare revenue through advertisements

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Central Railway generates over Rs 54 core non-fare revenue through advertisements


Image Source : FILE PHOTO REPRESENTATIVE IMAGE

Central Railway: Central Railway has made a major achievement in producing non-fare revenue through advertisements throughout its divisions  – Mumbai, Bhusawal, Nagpur, Solapur and Pune Division. Through vinyl wrapping on prepare coaches, hoarding advertisements at stations, and TV display screen advertisements, Central Railway has created profitable alternatives for companies to succeed in an unlimited viewers whereas enhancing the journey expertise for passengers.

This comes after Indian Railways requested all zonal railways to provoke various measures to extend their Non-Fare Revenue, enabling the nationwide transporter to generate earnings past the traditional sources. The recommendation additionally consists of encouraging zonal railways to discover and promote modern concepts and ideas for augmenting their non-fare revenue.

Central Railway Non-Fare Revenue

From April to October 2023, the Central Railway throughout its 5 divisions has amassed a powerful revenue of Rs 54.51 Crore from numerous commercial avenues. Of these, it collected Rs 8.19 crore from Vinyl wrapping on prepare coaches, Rs 28.61 crore from hoarding advertisements at stations, and Rs 17.72 crore from TV Screen advertisements at railway stations.

The division-wise breakdown of revenue from advertisements throughout this era stands as beneath:-

India Tv - Division-wise breakdown of revenue from advertisements

Image Source : INDIAN RAILWAYSDivision-wise breakdown of revenue from advertisements

The Central Railway in a press launch mentioned that the revenue generated showcases the sturdy potential for non-fare revenue sources and underlines Central Railway’s dedication to leveraging modern promoting options throughout its divisions. 

Income of Central Railway

Central Railway, which has divisions like Mumbai, Bhusaval, Nagpur, Solapur and Pune, generated a revenue of Rs 4129.30 crore from 90.76 crore passengers within the present monetary yr, 2023-24 from April-October 2023. Out of this, Rs 525.34 crore has been earned from suburban unreserved ticketing, Rs 700.31 crore from non-suburban unreserved ticketing, Rs 1225.65 crore from UTS and Rs 2903.96 crore from passenger reservation system.

In the month of October, Zonal Railways earned Rs 436.18 crore from the Passenger Reservation System. During the identical interval, it earned Rs 78.13 crore from suburban ticketing gross sales, Rs 115.49 crore from non-suburban ticketing and Rs 193.62 crore from UTS. Zonal Railways has appealed to the passengers to journey with correct and legitimate railway tickets to keep away from inconvenience and journey respectfully.

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