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Railways brings in policy changes as it looks to shore up freight revenues

September 25, 2023
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New Delhi - The Indian Railways has brought in a slew of measures as it looks to shore-up revenues from freight operations. Some of the policy interventions include simplifying wagon-booking processes, online alert systems, issue single receipt for multiple journeys, creating alternate goods sheds across zones and so on.

At the same time, the Railways have revised rake rates and brought in stricter guidelines to plug possible leakages, sources said.

Freight loading from April–August was 634.66 million tonnes (mt) and the revenue achieved during this period was ₹1,00,000 crore, across freight and passenger segment and other sundry revenue.

Iron ore loading was 70.84 mt (up 16 per cent y-o-y), pig iron and finished steel loading 26.16 mt (up 9 per cent). Fertiliser loading increased 8 per cent to 24.13 mt, and cement loading was up at 63.29 mt (7 per cent). Container services grew 5 per cent odd to 34.31 mt; and petroleum product loading was 20.59 mt (4 per cent). Coal loading was 311.53 mt and automobile movement grew 26 per cent.

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