Indian Railways reports 15% freight surge in Sept; revenue increased 13%
October 3, 2020: Indian Railways, in September 2020, earned ₹9896 crore revenue from freight loading compared to ₹8716 crore for the same period of last year, an increase of ₹1180.57 crore or 13.54 percent.
October 3, 2020: Indian Railways, in September 2020, earned ₹9896 crore revenue from freight loading compared to ₹8716 crore for the same period of last year, an increase of ₹1180 crore or 13.54 percent.
In the month of September 2020, Indian Railways freight loading was 102.12 million tonnes compared to 88.53 million tonnes last year, an increase of 13.59 million tonnes or 15.35 percent.
This includes 42.89 million tonnes of coal, 13.53 million tonnes of iron ore, 6.3 million tonnes of foodgrains, 5.34 million tonnes of fertilizers, 6.05 million tonnes of cement (excluding clinker), 3.85 million tonnes of clinker and 3.52 million tonnes of mineral oil.
“It may be noted that improvements in freight movements will be institutionalized and incorporated in the upcoming zero-based timetable. It is worth mentioning that a number of concessions/ discounts are also being given in Indian Railways to make railways freight movement very attractive,” noted the release.
Turning Crisis into Opportunity !— Ministry of Railways (@RailMinIndia) October 2, 2020
Indian Railways in a complete turnaround has witnessed unprecedented 15% increase in Freight Loading in September 2020 despite Covid challenges.
Lots of initiatives were taken to boost Freight loading. pic.twitter.com/MgULWgKF3B