<h1>Indian Railways Reports Strong Financial Health with Revenue Surpassing Expenses; Poised for Global Top Three in Cargo Capacity</h1> Indian Railways is in strong financial health, with revenues of approximately Rs 2,78,000 crore against expenses of Rs 2,75,000 crore for 2023-24. Major expenses include staff costs, pension payments, and energy expenses. The Railways subsidizes passenger fares, with a significant passenger subsidy of around Rs 57,000 crore, while generating revenue from cargo operations. Indian train fares remain the lowest in the region. Achievements include increased passenger and cargo traffic, significant infrastructure upgrades, and manufacturing advancements. Indian Railways is projected to rank among the top three globally in cargo capacity by March 31.