Cargo Breaking News
Continuing to maintain the high momentum in terms of earnings and loading, Indian Railways has marked nine per cent increase in the month of November 2020. Indian Railways loading was 109.68 million tonnes which includes 48.48 million tonnes of coal, 13.77 million tonnes of iron ore, 5.1 million tonnes of food grains. On mission mode, Indian Railways’ freight loading for the month of November 2020 crossed last year’s loading and earnings for the same period.
In this period Indian Railways earned Rs 10657.66 crore from freight loading which is also Rs 449.79 crore (4 per cent) higher compare to last year’s earnings for the same period (Rs 10207.87 crore). During this period, average wagon loading per day in November 2020 is 58,726 which is 4.6 per cent higher than October, 2020 (56,128 wagons).
Despite festival holidays and Cyclone Nivar affecting freight loading, Indian Railways continue to register impressive figures in freight loading in last three months (in October 15%, in September 15%) suggesting steady economic recovery. 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.
