Tatsat Chronicle Magazine

Freight Earnings Increases By 16% With Increase In Transportation Of Goods

February 7, 2023
Photo: Wiki Commons

The Indian Railways‘ Freight loading for first ten months of this financial year 2022-23 crossed last year’s loading and earnings for the same period.

On cumulative basis from April to January 23, freight loading of 1,243.46 MT was achieved against last year’s loading of 1,159.08 MT, an improvement of 7%. Railways have earned ₹135,387 crore against ₹117,212 crore over last year which is an improvement of 16% as compared to the same period of last year.

During the month of January’23, Originating freight loading of 134.07 MT has been achieved against loading of 129.12 MT in January’22, which is an improvement of 4 % over last year. Freight revenue of Rs. 14907 crore have been achieved against Rs 13172 crore freight earnings in January’22, thereby an improvement of 13% over last year.

Railways has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both conventional and non conventional commodity streams. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this landmark achievement.