Despite Floods, Railways’ July Freight And Passenger Biz Up

Despite Floods, Railways’ July Freight And Passenger Biz Up

The railways, which has been losing business to the roadways, seems to be gaining ground with both its freight and passenger traffic showing an upward trend in July, which is generally considered a lean month.

This year, July has seen a robust growth with the freight loading being at an all-time high for the month at 94.09 million tonnes, 4.75 million tonnes more than July last year, said a senior official of the ministry.

The passenger traffic sector has also done significantly better compared to last year.

According to the latest figures, 60.5 million more passengers travelled this year between April and July 20 — a growth of 2.41 per cent compared to the corresponding period last year. Read More…

 

Credit By : The Economics Times

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