Vande Bharat Express, Shatabdi Train coaches are not owned by Indian Railways, their real owners are…

The Indian Railways has seen a lot of growth in the recent years and with its growth, it has produced numerous trains which have proven to the world the tremendous technological achievement India has achieved after it gained independence. However, do you know that the owners of all the engines, goods train coaches and passenger coaches like Vande Bharat, Shatabdi is not the Indian Railways but Indian Railway Finance Corporation (IRFC). Here are all the details you need to know.

According to media reports, the Indian Railway Finance Corporation (IRFC) owns all the engines, goods train coaches and passenger coaches like Vande Bharat, Shatabdi. The reports say that these trains are leased to the Indian Railways for a period of 30 years. Most importantly, the ownership of the coaches of trains remains with IRFC for the entire duration, as per the agreement decided between the two entities.

However, IRFC finances and holds legal ownership of the rolling stock (engines and coaches), but operational control and use rights lie with Indian Railways under long-term lease agreements. The reports say that these trains are leased to the Indian Railways for a period of 30 years.

Indian Railways clocks better performance

Indian Railways has registered an improved operating ratio at 98.32 per cent and an increase in earnings to Rs 2.65 lakh crore for the financial year that ended March 31, according to official figures. For the financial year 2024-25, passenger revenue recorded a 6.4 per cent increase while freight income went up by 1.7 per cent.

Indian Railways (IR) has improved its operating ratio, which reflects the efficiency level in performance, to 98.32 per cent. This means that the railways spent Rs 98.32 to earn every Rs 100 during 2024-25. During 2023-24, the operating ratio was 98.43 per cent as the railways spent Rs 98.43 for every Rs 100 earned,

Cost-cutting measures in railways include manpower management and electrification of tracks, which has led to huge savings as running trains with diesel locomotives is more expensive, a senior official said.

(With inputs from agencies)

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