Indian Railways registers over 10% jump in freight loading

New Delhi: Indian Railways on Monday said that it has overtaken last year's figure for the September month in both financial and loading terms. Railways Freight loading for the month of September 2020 till September 6, 2020, crossed last year's loading and earnings for the same period. Indian Railways loading for the said period was 19.19 million tonnes which is 10.41 percent (1.81 million tonnes) higher compared than last year's loading for the same period (17.38 million tonnes). In this period Indian Railways has earned Rs 1,836.15 crores from freight loading which is also Rs 129.68 crores higher compare to last year's earnings for the same period (Rs 1,706.47 crores).

Out of Indian Railways' total loading of 19.19 million tonnes in this period, 8.11 million tonnes of coal, 2.59 million tonnes of iron ore, 1.2 million tonnes of foodgrains, 1.03 million tonnes of fertilizers and 1.05 million tonnes of cement (excluding clinker).

Also read: Here is what Railways has done to boost freight operations

It is worth mentioning here that a number of concessions & discounts are also being given in Indian Railways to make Railways Freight movement very attractive.

It may be noted that improvements in freight movements will be institutionalized and incorporated in the upcoming zero-based time table. Covid-19 has been used by Indian Railways an opportunity to improve all-round efficiencies and performances.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)