Last month (November 2020), the freight loading of Indian Railways was 109.68 million tonnes.
Indian Railways’ freight figures continue to sustain higher momentum in terms of earnings as nicely as loading in November 2020. Freight loading by the national transporter for the month of November 2020, on mission mode, crossed final year’s freight loading and earnings for the identical period, according to the Railway Ministry. Indian Railways’ freight loading, in the month of November 2020, was 109.68 million tonnes. This figure is 9 per cent larger as compared to final year’s freight loading for the identical period. According to the ministry, final year’s freight loading of Indian Railways for the identical period was one hundred.96 million tonnes.
In this period, the national transporter earned an quantity of Rs 10657.66 crores from freight loading which is also about 4 per cent (Rs 449.79 crore) larger compared to final year’s freight earnings for the identical period. Indian Railways’ freight earnings of the final year for the identical period was Rs 10207.87 crores. Last month (November 2020), the freight loading of Indian Railways was 109.68 million tonnes which consist of iron ore- 13.77 million tonnes, coal- 48.48 million tonnes, fertilizers- 5.41 million tonnes, foodgrains- 5.1 million tonnes and cement- 6.62 million tonnes (excluding clinker). According to the ministry, for the duration of this period, the typical wagon loading per day in the month of November 2020 is 58,726 which is 4.6 per cent larger than October 2020 (56,128 wagons).
Despite the freight loading becoming impacted by Cyclone Nivar and festival holidays, Indian Railways continue to witness noteworthy figures in freight loading in the final 3 months, suggesting steady financial recovery. The ministry pointed out that numerous discounts/ concessions are also becoming offered in Indian Railways to make the movement of goods eye-catching. In the upcoming zero-primarily based timetable, which is most likely to be introduced following the coronavirus predicament, improvements in the movement of freight will be institutionalized and incorporated, the Railway Ministry added.