Indian Railways freight business increases by seven times in almost 50 years; details


Indian Railways freight business increases by seven times in almost 50 years; details

Indian Railways freight business increases by 7 times! In the last almost fifty years, that is from the period of 1970-71 to 2017-18, the freight business of Indian Railways has increased from 167.39 million tonnes to 1159.55 million tonnes.

To a question in Lok Sabha, Railway Minister Piyush Goyal recently replied that several measures have been taken by Indian Railways to increase its freight business. Some of the major steps include the adoption of rake load concept, designing new wagons with higher payload, containerization, long term tariff contract policy, private freight terminal policy, own your wagon scheme and freight incentive schemes.

According to the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), an SPV under the Ministry of Railways, the linking of Delhi, Howrah, Chennai, Mumbai, also known as the Golden Quadrilateral along with the two diagonals, Delhi-Chennai and Mumbai-Howrah Read More

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