Indian Railways Freight Loading Improves To 1,015.7 MT From April-November 2023, Earns Over Rs 1.10 Lakh Crore

Indian Railways freight loading continued to improve in November month to 128.4 MT, rising by 4.3% over last year's freight loading for the same period. From April to October 2023, Railways freight loading stood at 1015.669 MT aggregating to Rs 1,10,007.5 crore.

As per Railways Ministry, on a cumulative basis from April - November 2023, freight loading of 1015.669 MT was achieved by Indian Railways against last year's loading of 978.724 MT, an improvement of approximately 36.945 MT over last year's loading for the same period.

It said, "Railways have earned Rs 1,10,007.5 crore against Rs 1,05,905.1 crore over the last year which is an improvement of approx Rs 4,102.445 Crore as compared to the same period of the last year."

In November month, originating freight loading came in at 128.419 MT against an oading of 123.088 MT in November 2022, which is an improvement of about 4.33% over the last year. During this month, revenue from freight loading stood at Rs 14,077.94 crores, as against Rs 13,559.83 crore, an improvement of about 3.82% over the last year.

Further, the ministry data said, Indian Railways achieved loading of 65.48 MT in Coal, 14.99 MT in Iron Ore, 5.25 MT in Pig Iron and Finished Steel, 5.58 MT in Cement (Excl. Clinker), 4.61 MT in Clinker, 3.82 MT in Foodgrains, 5.97 MT in Fertilizers, 4.176 MT in Mineral Oil, 6.91 MT in Containers and 8.59 MT in Balance Other Goods during November, 2023.

Following the Mantra, "Hungry For Cargo", IR has made sustained efforts to improve the ease of doing business as well as improve 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, it added.