Despite the Covid challenges, the Indian Railways has been outperforming itself and setting new record month after month. Proving itself yet again in May 2021, Railways set a new record of highest ever freight loading and continue to maintain the high momentum in terms of earnings.
Freight loading for the Month touched 114.8 MT which is 9.7% more than May 2019 (104.6 MT) for the same period. This earned the Railways a hefty amount of Rs. 11604.94 crores.
The Wagon turn around time also showcased exemplary improvement in May and was registered at 4.81days as compared to 6.46 in May 2019, an improvement of 26%.
During the month of May, the important items transported by the Railways included 54.52 million tonnes of Coal, 15.12 million tonnes of Iron Ore, 5.61 million tonnes of Foodgrains, 3.68 million tonnes of Fertilizers, 3.18 million tonnes of Mineral Oil, 5.36 million tonnes of Cement (excluding clinker) and 4.2 million tonnes of Clinker.
In last few months, the Indian Railways has taken steps like offering a number of concessions/ discounts and enhancing speed of freight trains in the existing network, to make Freight movement attractive.
The improvement in Freight speed has saved cost for all stake holders. Freight speed has doubled over last 18 months.
Few zones (around four zones) have registered average speed of freight trains even above 50 Kmph. Due to geographical conditions, certain sections offer good speed to freight trains. An average speed of 45.6 Kmph is registered in May 2021 for freight trains which is 26% more as compared to 36.19 Kmph for the same period.