Railways earns Rs 14642 crore from freight loading in May
Author: BI Bureau
New Delhi: During the month of May, originating freight loading of 134 MT has been achieved against loading of 131.50 MT in May 2022, which is an improvement of approximately 2 per cent over the last year. Freight revenue of Rs 14641.83 crore has been achieved in May 2023 against Rs 14083.86 crore freight earnings in May 2022, thereby an improvement of about 4 per cent over the last year, said the Ministry of Railways in a statement.
On a cumulative basis from April – May 2023, freight loading of 260.28 MT achieved against last year's loading of 253.48 MT, an improvement of approximately three per cent over last year's loading. Railways have earned Rs 28512.46 crore against Rs 27066.42 crore over the last year which is an improvement of approximately five per cent as compared to the same period of the last year.
The Indian Railways has achieved freight loading of 65.89 MT in coal, followed by 15.23 MT in iron ore, 13.20 MT in cement, 10.96 MT in balance other goods, 6.79 MT in containers, 4.89 MT in fertilizer, 4.85 MT in food grains and 4.23 MT in mineral oil in May 2023.
Following the mantra of ‘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. The customer centric approach and work of business development units backed up by agile policy making helped railways towards this significant achievement. /BI/
