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Indian Railways are implementing a two-pronged strategy for improving its internal resources.
Aggressive marketing efforts have been launched to enhance the earnings and arrest leakages of revenue at all identified points like ticketless travel and other malpractices. On the other hand, operating expenses are kept to the barest minimum requirements.
Besides, optimum utilization of human resources and cost effective use of other assets have been effected. Utmost economy is also maintained in general expenditure.
As a result of the new strategies, there has been an increase of more than 10 per cent in earnings from freight traffic and nearly six per cent in passenger earnings during the ten months of the current fiscal year ending January 2005, against the budgetary targets of 6 per cent in freight earnings and 3 per cent in passenger earnings.
MYS:BKS:NC
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