Dhaka, July 4 -- Bangladesh Railway, a popular mode of transport known for its low fares and comfort over long distances, remains mired in heavy financial losses, prompting questions about its operational efficiency.

Railway sources said around 350 trains, including intercity, local and freight services, operate every day across the country, carrying an average of 80 to 90 million passengers annually.

In the 2023-24 fiscal year, Bangladesh Railway recorded losses of over Tk 1,400 crore. Weak management, poor revenue collection, outdated freight operations, and slow modernisation efforts have been identified as the key reasons behind the losses.

Passenger transport remains the main focus of the railway's operations, with most revenue ge...