Railways makes Rs 15,500 crore profit: Velu

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Puducherry, January 19:: The Railways has made a profit of Rs 15,500 crore in the current fiscal, achieving an impressive growth rate of 12 per cent, Union Minister of State for Railways, R Velu said.

The department was expected to make a profit of Rs 20,000 crore by the end of this fiscal, Velu told reporters after inspecting the infrastructure development works at the railway station.

He said the `passenger friendly' approach of the Railways was presenting a ‘promising picture’ about the department.

Velu said that he had written letters to all Chief Ministers asking the state governments to contribute at least 50 per cent of the total expenditure for railway infrastructure development, such as laying of tracks and electrification, in their states.

He said he was yet to get a reply from the state governments in this regard.

Safety of passengers was a prime concern for the railways. As part of the action plan to ensure safe journey, several measures have been introduced, he said. As many as 161 squads have been deployed at various railway stations.

Sniffer dogs also have been pressed into service, in addition to scanning of luggage and setting up of closed circuit television sets.