Indian Railways set for record freight performance
RAILWAYS & METRO RAIL

Indian Railways set for record freight performance

The Indian Railways was reported to be making significant strides towards achieving its best performance in recorded history in various aspects of its operations during the financial year 2023-24.

It was reported that according to preliminary data, on March 15th, 2024, the Indian Railways had surpassed an originating Freight loading of 1500 MT. This surpassed the previous record of the best-ever Freight loading, which was 1512 MT during the fiscal year 2022-23.

In terms of total revenue, the Indian Railways had generated Rs 2.40 trillion as of the current date in the financial year 2023-24. Comparatively, on March 15th of the preceding year, the total revenue stood at Rs 2.23 trillion, showing an increase of Rs 170 trillion. The total expenditure of the Indian Railways for this fiscal year amounted to Rs 2.26 trillion.

The total number of passengers travelled during the financial year 2023-24 was reported to be 6.48 billion, marking an increase of 520 million compared to the corresponding period of the previous year, which had seen 5.96 billion passengers.

During the current financial year, the Indian Railways had laid 5100 Kms of new tracks, resulting in an average daily track laying of more than 14 Kms per day.

The Indian Railways was reported to be making significant strides towards achieving its best performance in recorded history in various aspects of its operations during the financial year 2023-24. It was reported that according to preliminary data, on March 15th, 2024, the Indian Railways had surpassed an originating Freight loading of 1500 MT. This surpassed the previous record of the best-ever Freight loading, which was 1512 MT during the fiscal year 2022-23. In terms of total revenue, the Indian Railways had generated Rs 2.40 trillion as of the current date in the financial year 2023-24. Comparatively, on March 15th of the preceding year, the total revenue stood at Rs 2.23 trillion, showing an increase of Rs 170 trillion. The total expenditure of the Indian Railways for this fiscal year amounted to Rs 2.26 trillion. The total number of passengers travelled during the financial year 2023-24 was reported to be 6.48 billion, marking an increase of 520 million compared to the corresponding period of the previous year, which had seen 5.96 billion passengers. During the current financial year, the Indian Railways had laid 5100 Kms of new tracks, resulting in an average daily track laying of more than 14 Kms per day.

Next Story
Real Estate

Kolkata’s luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata’s luxury residential market (Rs 5–10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment’s supply. The average price rose by 6 per cent—from Rs 17,519 to Rs 18,600 per sq ft—while unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka’s Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur’s Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?