PSU Watch logo

| MNRE cautions consumers: Only DISCOMs authorised to implement Rooftop Solar Scheme |   | NTPC completes trial operation of Meja Thermal Power Project |   | Centre may intimate qualified bidders for Air India by Jan 30 |   | Air India commences non-stop Hyderabad-Chicago flights |   | Railways kept Khadi going with Rs 49-cr order during lockdown |   | Railways allows e-catering facility at select stations |  

Indian Railways registers over 10% jump in freight loading

On mission mode, Indian Railways overtakes last year’s earning as well loading for Freight by a big margin for the corresponding period of last year

Indian Railways registers over 10% jump in freight loading despite a number of concessions & discounts
Indian Railways registers over 10% jump in freight loading despite a number of concessions & discounts

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)