Indian Railways records 59.38% increase in freight loading in the FY 2021-22

Indian Railways earned INR 18542.8 Crores from freight loading which is 4.92% higher than the year 2019 earning from freight which was INR 17674 Crores and 75.93% higher than the year 2020 (INR 10540.1 Crores) for the same period.

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NEW DELHI (Metro Rail News) : In the FY 2021-22, Indian Railways registers a growth of 59.38% in freight loading. In the given year, Indian Railways total loading is 185.04 million tonnes (MT) which is 59.38% higher than the previous year loading figures of 116.1 MT for the same period and 10.37% higher compared to the year 2019 loading figures (167.66 MT) for the same period.

In this period, Indian Railways earned INR 18542.8 Crores from freight loading which is 4.92% higher than the year 2019 earning from freight which was INR 17674 Crores and 75.93% higher than the year 2020 (INR 10540.1 Crores) for the same period.

Indian Railways has maintained the momentum of highest ever loading in consecutive 09 respective months from September, 2020 to May, 2021. On mission mode, Indian Railways’ Freight loading for the month of May 2021 crossed 2019 & 2020 year’s loading and earnings for the same period.

Coal sector has shown a sustained growth. Indian Railways loaded 88.15 MT Coal in this FY 2021-22 which is a growth of 54.03% compared to the last year 2020 (57.23 MT) and 1.39% compared to the year 2019 loading (86.94 MT).

In the month of May 2021 (till date), Indian Railways loading was 73.45 million tonnes which is 44.99% higher compare to last year’s loading for the same period (50.66 million tonnes). It is 10.27% higher than the year 2019 loading figures (66.61 MT) for the same period.

Indian Railways loading was 73.45 million tonnes which includes 35.62 million tonnes of coal, 9.77 million tonnes of iron ore, 3.38 million tonnes of foodgrains, 2.22 million tonnes of fertilizers, 2.02 million tonnes of mineral oil and 3.15 million tonnes of cement (excluding clinker).

In May 2021, Indian Railways earned INR 7368.00 Crores from freight loading which is also 62.20% higher compared to last year’s earnings for the same month (INR 4541.21 Crores) & 4.93% higher compared to the year 2019 earning figures (INR 7021.75 Crores) for the same period.

It is worth mentioning that a number of concessions/ discounts are also being given in Indian Railways to make Railways Freight movement very attractive.

It may be noted that freight trains speed has also registered significant increase in the existing network. Covid-19 has been used by Indian Railways as an opportunity to improve all round efficiencies and performances.

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