Railways earns Rs 92,345 crores from Freight loading till Oct 2022

On mission mode, Indian Railways' Freight loading for first seven months of this financial year 2022-23 has crossed last year’s loading and earnings for the same period
Railways earns Rs 1,20,478 crores from Freight loading this FY till December 2022
Railways earns Rs 1,20,478 crores from Freight loading this FY till December 2022

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

On a cumulative basis from April – October 22, freight loading of 855.63 MT has been achieved against last year's loading of 786.2 MT, an improvement of about 9% over last year loading. Railways have earned Rs 92,345 crore against Rs 78,921 crore last year which is an improvement of 17 percent.

During the month of October 22, originating freight loading of 118.94 MT has been achieved against loading of 117.34 MT in Oct 21, which is an improvement of 1.4% over last year. Freight revenue of Rs 13,353 crore has been achieved against Rs 12,313 crore freight earnings in October 21, thereby an improvement of 8 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.

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

logo
PSU Watch
psuwatch.com