Indian Railways experience a 59.38% increase in freight loading
In the fiscal year 2021-22, Indian Railways recorded an increase of 59.38% in freight loading. The total freight loading of the railways stood at 185.04 million tonne (mt), which is 59.38% greater than that of the previous year's 116.1 mt, which was 10.37% greater as compared to the year 2019 loading figure, 167.66 mt for the same period.
In 2021, Indian railways earned Rs 18,542.8 crore from freight loading. This amount is 4.92% greater than 2019's freight loading earning, Rs 17,674 crore, and 75.93% greater than 2020, which was Rs 10,540.1 crore for the same period. The railways have kept their momentum of being the highest ever loading for nine consecutive months from September 2020 to May 2021. The freight loading of Indian Railways for May 2021 has crossed the 2019 and 2020 year's loading and earnings for the same period.
The coal department has shown persistent growth. In the FY 2021-22, Indian Railways have loaded 88.15 million tonnes of coal which is an increase of 54.03% compared to the previous year 2020, loading 57.23 million tonnes, and an increase of 1.39% compared to the year 2019, loading 86.94 million tonnes.
In May 2021, the loading was 73.45 mt which is 44.99% greater than the previous year's loading of 50.66 mt for the same period. It is 10.27% greater than the year 2019 loading of 66.61 mt for the same period.
The loading of Indian Railways was 73.45 mt which includes 35.62 mt of coal, 9.77 mt of iron ore, 3.38 mt of foodgrains, 3.15 mt of cement (except clinker), 2.22 mt of fertilisers, and 2.02 mt of mineral oil.
In May 2021, railways earned Rs 7,368 crore from freight loading, 62.20% greater than the previous year's earnings, which was Rs 4,541.21 crore for the same month. Also, it is 4.93% greater compared to the earnings of 2019, which was Rs 7,021.75 crore for the same month.
Also read: Railways registers highest-ever freight loading data
Also read: Indian Railways freight loading forecasts growth
