Indian Railways registers freight loading of 1015.6 MT and earns around 110007.5 Crores between April and November in the Financial Year 2023-24

Indian Railways achieved 1015.6 MT freight loading till November 2023, with an increase of 36.9 MT as compared to the same period of last year. Overall Railways earns around Rs 110007.5 Crores from Freight loading during April-November 2023.

More Details:

On a cumulative basis from April – November 2023, freight loading of 1015.669 MT was achieved by Indian Railways against last year’s loading of 978.724 MT, an improvement of approximately 36.945 MT over last year’s loading for the same period.

Railways have earned Rs 110007.5 crore against Rs 105905.1 crore over the last year which is an improvement of approx Rs 4102.445 Crore as compared to the same period of the last year.

During the month of November 2023, originating freight loading of 128.419 MT has been achieved against loading of 123.088 MT in November 2022, which is an improvement of about 4.33% over the last year.

Freight revenue of Rs. 14077.94 Crores has been achieved in November 2023 against Rs 13559.83 Cr freight earnings in November 2022, thereby showing an improvement of about 3.82% over the last year.

Sector Wise Loading:

  • Indian Railways achieved loading of 65.48 MT in Coal,
  • 14.99 MT in Iron Ore,
  • 5.25 MT in Pig Iron and Finished Steel,
  • 5.58 MT in Cement (Excl. Clinker),
  • 4.61 MT in Clinker,
  • 3.82 MT in Foodgrains,
  • 5.97 MT in Fertilisers,
  • 4.176 MT in Mineral Oil,
  • 6.91 MT in Containers and
  • 8.59 MT in Balance Other Goods during November, 2023.

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. The customer centric approach and work of Business Development Units backed up by agile policy making helped Railways towards this significant achievement.

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