Railways sees significant growth in freight loading and revenue in June 2024
Railways sees significant growth in freight loading and revenue in June 2024 
News Updates

Railways sees significant growth in freight loading & revenue in June 2024

PTI

New Delhi: The Indian Railways reported a substantial increase in freight loading and revenue for June 2024, marking a notable year-on-year improvement. The national transporter achieved an originating freight loading of 135.46 million tonnes (MT) in June 2024, up from 123.06 MT in June 2023, representing a growth of approximately 10.07 percent.

PSU Watch is now on Whatsapp Channels. Click here to join

Freight revenue for the same period saw a rise of about 11.12 percent, reaching Rs 14,798.11 crore compared to Rs 13,316.81 crore in June 2023.

Breaking down the freight categories, Indian Railways loaded 60.27 MT of coal (excluding imports), 8.82 MT of imported coal, 15.07 MT of iron ore, 5.36 MT of pig iron and finished steel, 7.56 MT of cement (excluding clinker), 5.28 MT of clinker, 4.21 MT of foodgrains, 5.30 MT of fertilizers, 4.18 MT of mineral oil, 6.97 MT of containers, and 10.06 MT of other goods.

The growth aligns with Indian Railways' initiative "Hungry For Cargo," aimed at enhancing the ease of doing business and improving service delivery at competitive prices. The customer-centric approach and the efforts of Business Development Units, coupled with agile policy-making, have been key drivers of this achievement.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Grid India invites job applications for Director (Finance); apply before July 29

RBI imposes Rs 1.31 crore penalty on PNB

G Kishan Reddy intervenes to aid SCCL in operationalising coal mine stuck since 2015

Govt notifies rules under Telecom Act to make only govt Secretary level official eligible for TRAI Chief's post

Tata Power launches 'Ghar Ghar Solar' initiative in UP