Bhopal: The Indian Railways, which does not exactly hold the reputation for being a profit-making entity has managed to swell its coffers by ₹35,000 crore, which is more than the annual budget of three northeastern states put together. The Railways managed to make ₹35,073 crore in 10 years by selling off scrap, including coaches, wagons and rail tracks. The Indian Railways said it earned maximum profit of ₹4,409 crore by selling scrap in 2011-12. The lowest income of ₹2,718 crore was in 2016-17. Among scrap, rail tracks were sold the most, and the overall income from selling the tracks in 10 years stood at ₹11,938 crore.

Source: Mint October 10, 2019 03:22 UTC