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    <title>Passenger fare hikes reduce Railways’ dependence on freight: Economic Survey</title>
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    <description>Passenger fare rationalisation on three occasions has reduced railways&#039; dependence on freight, lowering freight&#039;s share of gross traffic receipts from about 68% to 65% and budgeted at 62%. Freight profits continue to cross-subsidise passenger losses, leaving uncovered passenger-operation deficits; the Survey recommends cost analysis and freight-basket diversification. It also argues that rationalising freight rates could improve revenue buoyancy and encourage modal shift from road to rail while operational capacity additions and digital measures have supported freight growth and efficiency.</description>
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    <pubDate>Thu, 29 Jan 2026 17:31:04 +0530</pubDate>
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