Indian Railways freight loading earning rises 17% yoy to Rs92,345 crore till October 2022: Centre

2 Nov 2022 , 08:31 AM

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

On cumulative basis from April-October 2022, freight loading of 855.63 MT has been achieved as compare to last year’s loading of 786.2 MT, an improvement of about 9% over last year loading. Railways have earned Rs92345 crore against Rs78921 crore last year which is an improvement of 17%.

During the month of October 22, Originating freight loading of 118.94 MT has been achieved as compare to loading of 117.34 MT in Oct 21, which is an improvement of 1.4% over last year. Freight revenue of Rs13353 crore has been achieved against Rs12313 crore freight earnings in October 21, thereby an improvement of 8% over last year.

"Following the Mantra, "Hungry For Cargo", IR 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', said the government in its press release.

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