Indian Railway: Indian Railways (IR) continues its journey of excellence, achieving remarkable milestones in freight loading and revenue during February 2024. On a cumulative basis from April 2023 to February 2024, IR accomplished a freight loading of 1434.01 MT, marking a substantial improvement over last year’s loading of 1367.5 MT. This represents an impressive increase of approximately 66.51 MT in comparison to the same period last year.
Moreover, IR’s revenue has also witnessed a significant upsurge, with earnings totaling Rs. 155557.1 Crore against Rs. 149088.1 Crore during the same period of the previous year. This reflects a commendable improvement of approximately Rs. 6468.17 Crore, demonstrating IR’s commitment to enhancing operational efficiency and service delivery.
In February 2024 alone, IR achieved an originating freight loading of 136.60 MT, showcasing a notable increase of approximately 10.13% compared to February 2023. Furthermore, freight revenue reached Rs. 14931.89 Crores in February 2024, reflecting an impressive growth of about 8.98% over the corresponding period last year.
The diverse array of commodities transported by IR during February 2024 highlights its pivotal role in facilitating the movement of essential goods across the country. Notably, IR transported 59.08 MT of Coal, 15.11 MT of Iron Ore, 5.69 MT of Pig Iron and Finished Steel, and various other commodities including Cement, Food grains, Fertilizers, and Mineral Oil.
IR’s success can be attributed to its mantra of being “Hungry For Cargo,” which underscores its relentless efforts to enhance the ease of doing business and deliver services at competitive prices. The customer-centric approach and proactive measures taken by Business Development Units, coupled with agile policy-making, have undoubtedly contributed to this significant achievement.
As Indian Railways continues to set new benchmarks in freight transportation and revenue generation, it reaffirms its commitment to serving the nation’s economic interests and fostering growth and prosperity across diverse sectors.
