Indian Railways set for record freight performance

18 Mar 2024 CW Team

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.

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