Indian Railways (reporting mark IR) is an Indian state-owned railway company headquartered in New Delhi, India. It is owned and operated by the Government of India through the Ministry of Railways. Indian Railways has 114,500 kilometres (71,147 mi). of total track over a route of 65,000 kilometres (40,389 mi) and 7,500 stations. It has the world's fourth largest railway network after those of the United States, Russia and China. The Indian railways is also proposing to build the highest railway track in the world overtaking the current record of the Beijing-Lhasa Railway line.. The railways carry over 30 million passengers and 2.8 million tons of freight daily..In 2011-2012 Railway earns Rs 104278.79 cores which consists of Rs 69675.97 cores from freight and 28645.52 cores from passengers tickets. It is the world's fourth largest commercial or utility employer, by number of employees, with over 1.4 million employees. As for rolling stock, IR owns over 240,000 (freight) wagons, 60,000 coaches and 9,000 locomotives.