By TIOL News Service

NEW DELHI, MAR 04, 2024: ON cumulative basis from April 2023 - February 2024, freight loading of 1434.01 MT was achieved by Indian railways against last year's loading of 1367.5 MT, an improvement of approximate 66.51 MT over last year's loading for the same period. Railways has earned Rs 155557.1 Crore against Rs 149088.1 Crore over the last year which is an improvement of approx. Rs 6468.17 Crore, as compared to the same period of the last year.

During the month of February 2024, originating freight loading of 136.60 MT has been achieved against loading of 124.03 MT in February 2023, which is an improvement of approx. 10.13 % over the last year. Freight revenue of Rs. 14931.89 Crores has been achieved in February 2024 against Rs 13700.75 Cr freight earnings in February 2023, thereby showing an improvement of about 8.98 % over the last year.

IR achieved loading of 59.08 MT in Coal, 15.11 MT in Iron Ore, 5.69 MT in Pig Iron and Finished Steel, 7.59 MT in Cement (Excl. Clinker), 5.45 MT in Clinker, 5.10 MT in Food grains, 3.962 MT in Fertilizers, 4.06 MT in Mineral Oil, 7.00MT in Containers and 10.66MT in Balance Other Goods during February, 2024.

Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.