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Argus News - Indian Railways Achieves 887.24 MT Freight Loading Till October 2023

Indian Railways Achieves 887.24 MT Freight Loading Till October 2023

By: Hemanta Pande

National, Business| Wed, Nov 1 | 4:58 am

Indian Railways Achieves 887.24 MT Freight Loading Till October 2023

Highlights

Indian Railways has recorded a cumulative freight loading of 887.25 million tonne (MT) during the months of April to October in the financial year 2023-2024,

New Delhi, Nov 1: Indian Railways has recorded a cumulative freight loading of 887.25 million tonne (MT) during the months of April to October in the financial year 2023-2024, an improvement of approximate 31.61 MT over last year’s loading for the same period, officials said on Wednesday.

Railways has earned Rs 95929.30 crore against Rs 92345.27 crore over the last year which is an improvement of approx Rs 3584.03 Crore as compared to the same period of the last year.

During the month of October 2023, originating freight loading of 129.03 MT has been achieved against loading of 118.95 MT in October 2022, which is an improvement of approx 8.47% over the last year. Freight revenue of Rs. 14231.05 Crores has been achieved in Oct 2023 against Rs 13353.81 Cr freight earnings in Oct 2022, thereby showing an improvement of about 6.57% over the last year.

IR achieved loading of 64.82 MT in Coal, 14.81 MT in Iron Ore, 5.74 MT in Pig Iron and Finished Steel, 6.32 MT in Cement (Excl. Clinker), 4.77 MT in Clinker, 3.62 MT in Foodgrains, 5.72 MT in Fertilizers, 4.35 MT in Mineral Oil, 7.15 MT in Containers and 8.55 MT in Balance Other Goods during October, 2023.

Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.

Read: National News 

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