The Indian Railways on Wednesday rationalised its freight rates to ensure additional revenue generation across the network for improved passenger amenities.
This is expected to result in an 8.75 percent increase in freight rates for major commodities such as coal, iron and steel, iron ore, and raw materials for steel plants, read a statement.
Furthermore, the haulage charges of containers have been increased by 5 percent and the freight rates of other small goods have been increased by 8.75 percent. Read more
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