Indian Railways maintains high momentum in terms of Freight loading, earning and speed in February 2021

In spite of Covid challenges, on 28th February 2021, Indian Railways surpassed last year’s Cumulative freight loading for the same period corresponding.

Freight figures continue to maintain the high momentum in terms of loading, earning and speed in the month of February 2021 as well for Indian Railways. 

  • Yesterday’s loading crossed 5 million tonnes.
  • As on 28 February 2021 Indian Railways cumulative freight loading was 1102.17 million tonnes for this year which is higher compared to last year for the same period (1102.1 million tonnes).
  • On a month to month basis, upto February 28, 2021, Indian Railways loading was 112.25 million tonnes, which is almost 10 % higher compared to loading up to  February 28 of last year (102.21 million tonnes).
  • On a day to day basis, on 28th February, 2021, the freight loading of Indian Railways was 5.23 million tonnes, which is 36% higher compared to last year’s loading for the same date (3.83 million tonnes).
  • The average speed of Freight Trains in the month of February 2021 was 46.09 kmph which is more than double as compared to last year for the same month (23.01 kmph). 
  • On 28th February, the average speed of freight trains was 47.51 kmph compared to 23.17 kmph last year for the same date which is also more than double.
  • Also in the month of February 2021 Indian Railways earned Rs. 11096.89 crores from freight loading which is 7.7% higher compared to last year’s earnings for the same period (Rs. 10305.02 crores). 
  • On 28th February 2021 Indian Railways earned Rs. 509.44 crores from freight loading which is 34% higher compared to last year’s earnings for the same day (Rs. 378.56 crores).
  • It is worth mentioning that a number of concessions/discounts are also being given in Indian Railways to make Railways Freight movement very attractive. 
  • Strong emergence of Business Development Units in Zones & Divisions, constant dialogue with the industry & logistics service providers, faster speed etc are adding to the robust growth of freight business for the Railways.
  • It may be noted that Covid-19 has been used by Indian Railways as an opportunity to improve all-round efficiencies and performances.

Recent Achievements:

Indian Railways has registered highest ever loading figures i.e. 119.79 MT in January 2021. The last best was in March 2019 as 119.74 MT.

On mission mode, Indian Railways’ Freight loading for the last few months have crossed last year’s loading and earnings for the same period. It is expected that cumulative freight loading will surpass last year’s freight loading figures.

  • As per the statistics till yesterday for February, 2021, Indian Railways loading was 30.54 million tonnes which includes 13.61 million tonnes of coal, 4.15 million tonnes of iron ore, 1.04 million tonnes of foodgrains, 1.03 million tonnes of fertilizers, 0.96 million tonnes of mineral oil and 1.97 million tonnes of cement (excluding clinker).
  • It is worth mentioning that a number of concessions/ discounts are also being given in Indian Railways to make the Railways Freight movement very attractive. 
  • Covid-19 has been used by Indian Railways as an opportunity to improve all round efficiencies and performances.
  • Also, to attract new business and incentivise other existing clients, the Ministry of Railways has held meetings with top leadership of iron & steel, cement, power, coal, automobiles and logistics service providers.
  • Also, Business Development units at Zonal & Divisional levels and near doubling of freight speed is contributing to sustainable growth momentum.

Source: PIB-Press Release | Image Credit (representational): MoR