Railways offers discounts to customers to gain lost ground in freight share

Railways offers discounts to customers to gain lost ground in freight share

Railways on Thursday offered discounts to customers to gain lost ground in freight share, which has been witnessing a decline over the years.

Discounts ranging from 1.5 per cent to 35 per cent are on the offer for freight customers for providing certain minimum loadings as part of the new business plan 2017-18 rolled out by Railway Minister Suresh Prabhu here.

Dubbed as mini-rail budget, the action plan for freight sector was launched to increase loadings by gaining the lost ground in freight sector.

“Once freight share in Railways was very high. But it declined over the years for various reasons including global economic condition,” Prabhu said after launching the policy of long term tariff agreements with key freight customers.Read more

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