Indian Railways extends support for giving a boost to economy & announces measures of Freight incentive


Indian Railways extends support for giving a boost to economy & announces measures of Freight incentive

Indian Railways announces certain Freight incentives to give a boost to the economy. Member (Traffic), Railway Board Shri P.S. Mishra, announced these measures, to support various segments of the industry. Details of these measures announced today are as under:

Freight rate related measures:

Levy of Busy Season Charge Deferred: BSC, which is levied @ 15% from 1 Oct-30 June, has been deferred till further advice (Except for iron ore and POL). Coal & coke and container traffic are already exempt. Waiver of Supplementary charges on Mini and Two point rakes: The 5% Supplementary charges applicable on Loading on Mini and Two point rakes is being waived off. This is likely to boost loading of Smaller cargo sizes and help cement, steel, food grains and fertilizers loading. Read More

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