Indian Railways earns Rs 14642 cr from freight loading in May 2023
New Delhi: The originating freight loading of 134 MT was achieved in May 2023 against loading of 131.50 MT in May 2022, an improvement of nearly 2% over the last year, the Ministry of Railways said on Thursday.
Freight revenue of Rs 14641.83 crore was achieved in May 2023 against Rs 14083.86 crore freight earnings in May 2022, registering a growth of nearly 4% over last year.
On a cumulative basis from April – May 2023, a freight loading of 260.28 MT was achieved against last year's loading of 253.48 MT, an improvement of approximately 3% over last year's loading.
Railways earned Rs 28512.46 crore against Rs 27066.42 crore over the last year which is an improvement of around 5% as compared to the same period of the last year.
Indian Railway achieved freight loading of 65.89 MT in coal, followed by 15.23 MT in iron ore, 13.20 MT in cement, 10.96 MT in balance other goods, 6.79 MT in containers, 4.89 MT in fertilizer, 4.85 MT in food grains and 4.23 MT in mineral oil in May 2023.
“Following the Mantra, ‘Hungry For Cargo’, the Indian Railways 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,” the ministry said in a statement.