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Decrease in Railways Traffic: Sign of Infrastructure Improvement

<p style="text-align: justify;"><strong><span style="font-size:14px"><span style="font-family:calibri">News:</span></span></strong></p> <p style="text-align: justify;"><span style="font-size:14px"><span style="font-family:calibri"><span style="color:rgb(0, 0, 0)">The railways&#39; passenger traffic volumes have registered a drop over the last three years due, among other reasons, to improved road infrastructure&nbsp;</span><span style="color:rgb(0, 0, 0)">and the growing number of personal and commercial vehicles.<br /> <span style="font-size:10px">Source: DNA</span></span></span></span></p> <p style="text-align: justify;"><span style="font-size:14px"><span style="font-family:calibri"><strong><span style="color:rgb(0, 0, 0)">SNP Insight:</span></strong></span></span></p> <p style="text-align: justify;"><span style="color:rgb(0, 0, 0); font-family:open sans,helvetica,arial; font-size:16px"><span style="font-size:14px"><span style="font-family:calibri">2.06% dip&nbsp;in railways passenger traffic in FY15, shows that there is an&nbsp;improvement in road infrastructure as well as increase in passenger opting for airways due to fall in oil price. But this reduction in traffic may red the balance sheet of railways dwindling the profit.<br /> <span style="font-size:10px">Source: SNP Infra Research</span></span></span></span></p>