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.
Revenue earned in rupee terms was not provided by Indian Railways in its statement.
Freight loading has seen a steady increase as the country emerged from a lockdown indicating a gradual recovery of economic activity over the second half of 2020.
As per the statistics till yesterday for February 2021, Indian Railways loading was 30.54 million tonnes which include 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).
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Freight loading has exceeded YoY figures for the past few months. Indian Railways has in a statement said that it expects cumulative freight loading to surpass FY 2020 performance.
The transporter has begun offering a number of concessions and discounts to attract more freight traffic. Officials from the Ministry of Railways down to the divisional level have been tasked with drumming up business.
As a result, meetings were held with top leadership of iron & steel, cement, power, coal, automobiles and logistics service providers to push for higher utilization of rail transport for their needs.
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