Indian Railways logs 4 pc growth in freight loading in Apr-Nov period

New Delhi, Dec 1 (Agency) National transporter Indian Railways freight loading went up 3.77% year-on-year in April-November period of current financial year 2023-24. The Railways had carried a total freight of 978.724 MT in the same period of 2022-23. During April-November period of this year, Railways earned Rs 1,10,007.5 crore against Rs 1,05,905.1 crore in the same period last year. During the month of November 2023, originating freight loading of 128.419 MT was achieved against loading of 123.088 MT in November 2022, which is an improvement of about 4.33% over the last year.

Freight revenue of Rs 1,40,77.94 crores was achieved in November 2023 against Rs 13559.83 crore freight earnings in November 2022, thereby showing an improvement of about 3.82% over the last year. 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 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,” the national transporter said in a statement.