The Indian Railways in the month of February achieved an improvement of approx 10.13 per cent growth in freight loading at 136.60 MT over the last year, the Ministry of Railways said on Friday.
“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,” it added.
Giving a breakdown of the loading for the month, the Ministry said the Indian Railways 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.
On a 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 approximately 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.
The Ministry highlighted that the Indian Railways has been following the Mantra, “Hungry For Cargo”, and 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, it said.