Passenger revenues of railways have stagnated over last decade

 Growth below nominal GDP; freight growth even lower MANU KAUSHIK New Delhi, February 8 THE INDIAN RAILWAYS has seen its passenger revenues growing 65% from44,283 crorein 2015-16 toan estimated 373,000 crorein2023-24, a growth rate that lagged nominal GDPgrowth (115%),and the growth in competing segments, such asaviation,during the nine-yearperiod.