Railway freight earnings shoot up by 11.1 pc to Rs 14,798 crore in June
In value term freight revenue went up by 11.1 per cent to Rs. 14,798.11 crores during June 2024 from Rs 13,316.81 crore in the same month last year.
President Draupadi Murmu said that the Indian Railways is poised to become the largest power network in the world. The remotest areas of the country with the rail network even as the Indian Railways is assuming its modern avatar.
Addressing the members of both Houses of Parliament on the first day of the budget session on Tuesday, Murmu said the Indian Railways is emerging in its modern avatar with many inaccessible areas being added to the railway map of the country. The inaccessible areas of Jammu and Kashmir and North East are also being connected by the railway network.
In her speech in the Central Hall of Parliament, she said a modern and semi-high-speed train has become a part of Indian Railways in the form of Vande Bharat Express. Major railway stations in the country are being modernised. The Indian Railways is fast moving towards becoming the largest electric railway network in the world.
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Along with this, she said in order to make the Indian Railways safe, indigenous technology armor is also being expanded rapidly.
In her speech, she also made a mention of the fast-expanding National Highway network in the country. The National Highway network has increased by more than 55 per cent during the last eight years and soon more than 550 districts of the country will be connected by the highways under the Bharatmala Pariyojana.
The number of economic corridors to boost the economy is going to increase from six to 50.
She said that the country’s aviation sector is also growing rapidly with the number of airports in the country increased from 74 in 2014 to 147 now. Today India has become the third-largest aviation market in the world. She noted that the UDAN scheme has played an important role in this.
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