City
Epaper

Railways' earnings from freight up 17 pc in Apr-Oct

By ANI | Updated: November 1, 2022 22:45 IST

On a mission mode, Indian Railways (IR)'s freight loading for the first seven months of this financial year 2022-23 ...

Open in App

On a mission mode, Indian Railways (IR)'s freight loading for the first seven months of this financial year 2022-23 crossed last year's loading and earnings for the same period, a surge of 17 per cent.

The data given by the ministry of railways, freight loading of 855.63 million tonne (mt) has been achieved between April and October against last year's loading of 786.2 mt, an improvement of about 9 per cent over last year's. Railways has earned Rs 92,345 crore against Rs 78,921 crore last year, which is an improvement of 17 per cent.

During the month of October this year, originating freight loading of 118.94 mt has been achieved against loading of 117.34 mt in October 2021, which is an improvement of 1.4 per cent over last year's. Freight revenue of Rs 13,353 crore has been achieved against Rs 12,313-crore freight earnings in October 2021, thereby an improvement of 8 per cent over last year.

Following the mantra, 'Hungry for Cargo', the Indian Railways has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both the conventional and non-conventional commodity streams.

The customer-centric approach and work of business development units backed up by agile policymaking helped Railways towards this landmark achievement.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Indian RailwaysMinistry of indian railwaysIndian railways ministryIndian railway networkBangladesh railwaysThe indian railwaysMumbai suburban network of railwaysIndian railways railwaysBangladesh railways ministryMumbai suburban railways
Open in App

Related Stories

TechnologyIRCTC Down: Indian Railways Ticket Booking Website Crashes Again During Tatkal Hours Amid Chhath Festival Rush

NationalChhath Puja 2025: Indian Railways to Run 1,500 Special Trains to Cater Chhath Festive Rush

NationalIndian Railways Facilitates Travel for Over 1 Crore Passengers in Special Trains Between October 1 and 19

TechnologyIRCTC Down: Indian Railways Ticket Booking Website and App Show ‘Service Unavailable’ Error

MumbaiMumbai Local Train Block: Central Railway Announces Cancellations, Short-Terminations of Express and Locals Between 27–30 Sept

Business Realted Stories

BusinessLee urges APEC to embrace AI-driven big changes as opportunity

BusinessPiyush Goyal urges startups to develop frontier technologies in India

BusinessS. Korean exports up for 5th month in Oct on robust chip demand

BusinessSamsung, Nvidia partner to build next-gen AI megafactory for chip production

BusinessSK Group, Nvidia to build AI factory with 50,000 GPUs