The total revenue earnings of the Indian Railways on originating basis stood at Rs 50931.98 crore in April-November 2008, recording a growth of 14.49% compared to 12.14% growth posted in the corresponding previous period. The total goods earnings rose 15.67% to Rs. 34393.78 crore, while passenger earnings increased 12.21% to Rs 14440.93 crore during April-November 2008. The total sundry earnings have gone up from Rs.665.38 crore during April-November 2007 to Rs. 799.56 crore during April-November 2008.
But there is significant slowdown in growth in the last couple of months. After 13.0% growth in September 2008, the Indian Railway's earnings growth eased to mere 5.3% in October 2008 and to 6.4% in November 2008. As a result, in the two months ended November 2008, Indian Railways total revenue earnings grew by mere 5.85%, which represents a sharp deceleration from the 15.3% growth clocked in the corresponding previous period.
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