Railways strengthen supervision over wagons headed for Bangladesh
RAILWAYS & METRO RAIL

Railways strengthen supervision over wagons headed for Bangladesh

The Indian Railways has increased its oversight of rail freight going for Bangladesh by requiring that any organisation that books a wagon for the neighbouring nation specify the product being conveyed.

This is being done to step up the fight against the "indent mafia," which reserves wagons in advance and makes money off of the shortage.

An indent is a reservation request made by a customer who wants to use the railroad wagons to deliver goods.

The railways made it mandatory to submit a letter of credit (LC) while making an indent earlier this year. The Indian Railways' Freight Operations Information System receives the details of the LC. These details include the LC number, issue and expiration dates, bank name and beneficiary, and the amount of weight transferred by any other means of transportation on the same LC.

According to the updated regulations, a divot may be made after feeding in the goods being transported and the route.

Also read:
Study on for rail link to nine towns in Tamil Nadu
Madurai junction redevelopment work to start in 3 months


The Indian Railways has increased its oversight of rail freight going for Bangladesh by requiring that any organisation that books a wagon for the neighbouring nation specify the product being conveyed. This is being done to step up the fight against the indent mafia, which reserves wagons in advance and makes money off of the shortage. An indent is a reservation request made by a customer who wants to use the railroad wagons to deliver goods. The railways made it mandatory to submit a letter of credit (LC) while making an indent earlier this year. The Indian Railways' Freight Operations Information System receives the details of the LC. These details include the LC number, issue and expiration dates, bank name and beneficiary, and the amount of weight transferred by any other means of transportation on the same LC. According to the updated regulations, a divot may be made after feeding in the goods being transported and the route. Also read: Study on for rail link to nine towns in Tamil Nadu Madurai junction redevelopment work to start in 3 months

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?