India News | Railway Freight Records 9% Increase in November Compared to Last Year: Indian Railways
Get latest articles and stories on India at LatestLY. The Indian Railways' freight figures continue to maintain the high momentum in terms of earnings and loading as it records a 9% increase in the month of November 2020, the Railway Ministry said on Tuesday.
New Delhi (India), December 1 (ANI): The Indian Railways' freight figures continue to maintain the high momentum in terms of earnings and loading as it records a 9% increase in the month of November 2020, the Railway Ministry said on Tuesday.
"In the month of November 2020, Indian Railways loading was 109.68 million tonnes which is 9% higher compared to last year's loading (100.96 million tonnes) for the same period. Despite festival holidays and Cyclone Nivar affecting freight loading, Indian Railways continued to register impressive figures in freight loading in last three months (in October 15%, in September 15%) suggesting a steady economic recovery," said the ministry in a press release.
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Last month, the loading was 109.68 million tonnes, including 48.48 million tonnes of coal, 13.77 million tonnes of iron ore, 5.1 million tonnes of foodgrains, 5.41 million tonnes of fertilizers and 6.62 million tonnes of cement.
"During this period, average wagon loading per day in November 2020 is 58,726 which is 4.6% higher than October 2020 (56,128 wagons)", the release added.
In order to make the freight movement attractive, number of concessions or discounts are also being given. The Railways plan to improve freight movements in ordre to institutionalise and incorporate in the upcoming zero-based time table.
"COVID -19 has been used by Indian Railways as an opportunity to improve all-round efficiencies and performances," the ministry added.
Last week, the Railways decided to restore train services in Punjab, starting with the trial run of freight trains to observe safety and security on the tracks.
Punjab farmers were observing 'rail-roko' protest against the laws, passed by the central government in September. In view of the agitation, the Railways Ministry had suspended goods railway services. Also, several trains were cancelled while some of them were short terminated. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)