Indian Railways to provide 5% discount for container train movement

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Indian Railway

NEW DELHI (Metro Rail News): The Indian Railways in a move to boost the freight traffic by rail mode has decided to provide a discount of five per cent the rate it charges for the movements of loaded containers.

According to a circular issued by the Railway Board, it states that the “authority has decided to permit a discount of five per cent on Haulage Charge per 20-foot equivalent unit (TEU) rates for the movement of loaded containers”.

The discounted price will be valid from August 4 to the remaining part of this fiscal year i.e. April 3, 2021, said the circular.

This is another offer in a slew of incentives that the Indian Railways is offering to attract more freight to railways, during the time when India is facing lower demand due to COVID-19 pandemic.

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