Indian Railways Increase Loadings By 2 Per Cent In May, Freight Revenue Up By 4 Per Cent

Indian Railways has earned Rs 14,642 crore from freight loading in May 2023, an increase of 4 per cent as compared to the same period of last year.

During the month of May 2023, originating freight loading of 134 MT has been achieved against loading of 131.50 MT in May 2022, which is an improvement of approximately 2 per cent over the last year.

Freight revenue of Rs 14,641.83 crore have been achieved in May 2023 against Rs 14,083.86 crore freight earnings in May 2022, thereby an improvement of about 4 per cent over last year.

On cumulative basis from April–May 2023, freight loading of 260.28 MT was achieved against last year loading of 253.48 MT, an improvement of approximate 3 per cent.

Railways have earned Rs 28,512.46 crore against Rs 27,066.42 crore over the last year which is an improvement of approximately 5 per cent.

The Railways has 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 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 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.