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Railways earns Rs 1,20,478 crores from freight loading till Dec 2022

Indian Railways has earned Rs 1,20,478 crore against Rs 1,04,040 crore over last year which is an improvement of 16 percent as compared to the same period of last year

PSU Watch Bureau

New Delhi: On mission mode, Indian Railways' Freight loading for the first nine months of this financial year 2022-23, has crossed last year's loading and earnings for the same period.

On the cumulative basis from April 2022 to December 2022, freight loading of 1109.38 MT achieved against last year loading of 1029.96 MT, an improvement of 8 percent over last year loading. Railways has earned Rs 1,20,478 crore against Rs 1,04,040 crore over last year which is an improvement of 16 percent as compared to the same period of last year.

During the month of December 2022, originating freight loading of 130.66 MT has been achieved against loading of 126.8 MT in December 2021, which is an improvement of 3 percent over last year. Freight revenue of Rs 14,573 crore have been achieved against Rs 12,914 crore freight earnings in December 2021, thereby an improvement of 13 percent over last year.

Following the Mantra, "Hungry For Cargo," Indian Railways has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both conventional and non-conventional commodity streams. The customer-centric approach and work of Business Development Units backed up by agile policymaking helped Railways towards this landmark achievement.

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