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Freight figures continue to impress and move on much higher trajectory compared to last year in terms of earnings and loading in the first week of October for Railways

Freight figures continue to impress and move on much higher trajectory compared to last year in terms of earnings and loading in the first week of October for Railway.

On mission mode, Indian Railways’ Freight loading for the month of October 2020 till 08th October 2020 crossed last year’s loading and earnings for the same period.

In the month of October 2020,  till 08th October, Indian Railways loading was 26.14 million tonnes which is 18%  higher compare to last year’s loading for the same period (22.1 million tonnes). In this period Indian Railways earned Rs. 2477.07 Crores from freight loading which is also Rs. 250.71 Cr. higher compare to last year’s earnings for the same period (Rs. 2226.36 crores).

In the month of October till 08th October 2020 Indian Railways loading was 26.14 million tonnes which includes 11.47 million tonnes of coal, 3.44 million tonnes of iron ore, 1.28 million tonnes of foodgrains, 1.5 million tonnes of fertilizers and 1.56 million tonnes of cement (excluding clinker).

It is worth mentioning 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.

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