Railways has earned Rs 1059.05 billion from freight loading till Nov'22

05 Dec 2022 CW Team

In mission mode, Indian Railways' freight loading and earnings for the first eight months of this fiscal year 2022–23 exceeded those for the same period the previous year.

On a cumulative basis from April to November 22, 978.72 MT of freight were loaded as opposed to 903.16 MT during the same time the previous year, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1059.05 billion as opposed to Rs 911.27 billion, a 16% increase.

Originating freight loading reached 123.9 MT on November 22 as opposed to 116.96 MT on November 21. This represents an improvement of 5% from the previous year. In comparison to the Rs 122.06 billion in freight earnings on October 21, Rs 135.60 billion in freight revenue was realised, representing an improvement of 11% from the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policies.

Also read:
Fiscal viability no longer sole criterion for rail projects
KYeshwantpur Railway Station upgradation to start

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