Big setback for Indian Railways, here is how much harm Mumbai locals have caused PSU
Minister of State for Railways Raen Gohain said that since 2014-2017, railways had incurred a loss of Rs 4280.50 crore by running the suburban rail network in Mumbai. "Indian Railway is incurring losses by running local train services in metropolitan areas of Mumbai. In the last three years, while the total earnings was Rs 5206.16 crore, the expenditure was Rs 9486.66 crore and the loss was of Rs 4280.50 crore," Gohain said.
In Budget 2018, Finance Minister Arun Jaitley announced the expansion of the Mumbai suburban train network, spread over 465km. Image source: