Railways decides to withdraw the levy of Port Congestion Surcharge
In order to attract imported freight traffic including Containers, Coal, Iron ore etc (diverted to road), it has been decided to withdraw the levy of Port Congestion Surcharge with immediate effect.
"This was a pending demand of the Ministries of Shipping and Ports, Steel, Container Operators and other Industries. The move will be a big boost to national industrial growth," read a government statement.
The surcharge withdrawn was 10% on basic freight and it's withdrawal will generate additional incremental traffic.
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