Cutting through the challenges posed by the COVID pandemic, Indian Railways have recorded the highest freight loading and earning figures in the month of August.
As per the statement released by the Railway Ministry, the freight loading by Indian Railways was 110.55 million tonnes which is 16.87% higher compared to the month of August last year (94.59 million tonnes of freight loading for the same period).
In addition to this, the Indian Railways has also earned an amount of INR 10,866.20 crore from freight loading during the month of August 2021, which is 20.16% higher compared to August 2020.
The national transporter in the month of August transported 13.53 million tonnes of Iron Ore, 47.94 million tonnes of Coal, 3.60 million tonnes of Mineral Oil, 5.77 million tonnes of Pig Iron as well as Finished Steel, 4.16 million tonnes of Fertilizers, 6.88 million tonnes of Food Grains, 6.3 million tonnes of Cement (excluding clinker) as well as 4.51 million tonnes of Clinker.
To make the rail freight service attractive, the Railway Ministry is giving a number of concessions and discounts. Furthermore, the Ministry informs that the speed of freight trains services in the existing rail network has also been enhanced.
As per the ministry, improved speed in freight trains leads to cost saving for all involved stakeholders. During the last 19 months, the speed of Indian Railways’ freight trains has doubled, the ministry stated. Railways has fully utilized the COVID-19 pandemic time in enhancing its services.