Railways receive Rs 1204.78 billion from freight loading in Dec 2022
RAILWAYS & METRO RAIL

Railways receive Rs 1204.78 billion from freight loading in Dec 2022

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

In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase.

Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% 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 pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking.

Also read:
Kollam Junction in Kerala to receive top-notch amenities
Madurai Railway Junction will get Rs 3.47 billion renovation


In mission mode, Indian Railways' freight loading and earnings for the first nine months of this fiscal year 2022–23 exceeded those for the same period previous year. In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase. Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% 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 pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking. Also read: Kollam Junction in Kerala to receive top-notch amenities Madurai Railway Junction will get Rs 3.47 billion renovation

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?