Indian Railways’ freight revenue in first 12 days of February overtakes last year’s figures – Times of India

NEW DELHI: For the first time in the Covid-19 pandemic, Indian Railwaysfreight revenue in the first 12 days of February has overtaken last year‘s figures for the same corresponding period.
Railway freight revenue has surged Rs 206 crore ahead on February 21 compared to the corresponding period of February last year. This is almost 5 per cent more than last year same corresponding period,” stated the press release by Indian Railways on Saturday.
As per the estimates, Railways freight revenue stood at Rs 4571 crore for the first 12 days of February as compared to Rs 4365 crore for the same period last financial year. Incidentally, loading is also ahead by almost 8 per cent as compared to last year same corresponding.
Railways have achieved this turnaround due to an extraordinary set of new initiatives being taken in improving business development, incentives, speed, and customisation.
Freight loading has been showing higher figures since August 21, 2020 as compared to the corresponding period of the previous financial year. This is for the first time post-Covid-19 lockdown that freight revenue for the month has also been showing higher estimates as compared to the last corresponding.
Higher freight revenue for the month is a great signal of an all-round economic recovery that is sweeping the country and speaks volumes about the new management initiatives being taken in railways to boost business and further improve freight operations.

Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

Samsung plans to produce Rs 3.7 lakh crore worth...

NEW DELHI: Smartphone maker Samsung is planning to produce mobile phones worth Rs 3.7...

Analog devices buys Maxim Integrated for $20bn

Jul 18th 2020SOFTBANK IS reportedly mulling the sale or flotation of Arm, a chip...

Tatas to acquire 68% stake in BigBasket for Rs...

New Delhi: The Tata group is acquiring 68 per cent stake in online grocery...