Indian Railways freight loading for October witnesses 15% jump from the corresponding month last year, earnings up by 9%

Indian Railways' freight loading in October registered 15 % growth from corresponding month last year, said Ministry of Railways in a statement released on Sunday.

Indian Railways loading was 108.16 million tonnes in October this year as compared to last year’s loading for the same period at 93.75 million tonnes.  

The improvement in freight movements is stated due to concessions/discounts being offered by Indian Railways and its efforts to reach out to top leadership of iron & steel, cement, power, coal, automobiles and logistics service providers to attract new business and incentivise existing clients.

Indian Railways also earned Rs10,405.12 crore from freight loading in the same period, Rs 868.90 crore or 9 per cent higher than the last year’s earnings in October at Rs 9536.22 crore.

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Freight loading details
At 46.97 million tonnes, Coal comprised the bulk of freight loading by the Indian Railways in October. The Railways also carried 14.68 million tonnes of iron ore, 5.03 million tonnes of foodgrains, 5.93 million tonnes of fertilizers and 6.62 million tonnes of cement in the previous month.