Rail mishaps dropped 90% since Lalu's time, Vaishnaw tells Rajya Sabha

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Rail mishaps dropped 90% since Lalu's time, Vaishnaw tells Rajya Sabha - Business Standard

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Vaishnaw further said Indian Railways has recovered from the setbacks of the Covid-19 pandemic and is now financially stable.“The railways has a revenue of Rs 2.78 trillion, while its expenses are Rs 2.75 trillion.

Highlighting a “razor sharp” focus on safety, Vaishnaw said the railways have taken multiple technological steps to reduce risks.

He highlighted that India is now among the top three countries globally in cargo carrying capacity, alongside China and the US, moving 1.6 billion tonnes this year.“Track construction has crossed 34,000 km, which is more than the entire train network of Germany,” Vaishnaw said.