HomeShipping & LogisticsRailways crosses 500 MT mark of freight loading as of...

Railways crosses 500 MT mark of freight loading as of July 23

Published on

Earns Rs 13,578 Crores

Indian Railways (IR) has crossed the mark of 500 MT freight loading on cumulative basis, yet again, in first 4 months of this Financial Year. 

From April-July 2023, freight loading of 507.7 MT has been achieved against the last year loading of 501.55 MT, an improvement of 1.23% over last year loading. Railways have earned Rs 55459 crore against Rs 53731 crore over the last year which is an improvement of 3.22% as compared to the same period last year.

From April – July 2023, on cumulative basis, IR’s total earning has been approximately Rs. 80869 Cr. (including coaching, goods, sundry, other coaching earnings) against Rs 75847 Cr. over the last year which is an improvement of 6.62% as compared to the same period last year.

During the month of July 2023, originating freight loading of 123.98MT has been achieved against loading of 122.15MT in July 2022, which is an improvement of approx 1.5% over the last year. Freight revenue of Rs. 13,578 Cr have been achieved in July 2023 against Rs 13,163 Cr freight earnings in July 2022, thereby an improvement of about 3% over last year.

Following the Mantra, “Hungry For Cargo”, Indian Railway 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.

spot_img

Latest articles

LG Electronics starts work on USD 600 million Sri City unit

South Korean multinational LG Electronics along with its senior leadership today performed the ground...

VPA urged to explore opportunities in Shipbuilding, repair & recycling

India’s Minister of State for Ports, Shipping and Waterways, Government of India, Mr Shantanu Thakur today...

GoAP gives a mega boost to skilling, inks 2 key MoUs

In a move that could well provide a much needed impetus to technology skills...

AP to take the lead in Quantum Computing, inks MoUs with IBM, TCS, L&T

In a step toward accelerating India’s technological advancements, the Government of Andhra Pradesh has...