Freight figures maintain high momentum in earnings, loading in December 2020 for Indian Railways

Freight figures continue to maintain the high momentum in terms of earnings and loading in the month of December 2020 for Indian Railways. On mission mode, Indian Railways' Freight loading for the month of December 2020 crossed last year's loading and earnings for the same period.

In the month of December 2020, Indian Railways loading was 118.13 million tonnes which are 8.54 per cent higher compared to last year's loading for the same period which was 108.84 million tonnes.

In this period Indian Railways earned Rs 11788.11 crores from freight loading which is also Rs. 757.74 crores (6.87 per cent) higher compared to last year's earnings for the same period of Rs 11,030.37 crores.

In the month of December 2020, Indian Railways loading was 118.13 million tonnes which include 50.67 million tonnes of coal, 15.31 million tonnes of iron ore, 6.13 million tonnes of foodgrains, 5.23 million tonnes of fertilizers, 4.3 million tonnes of mineral oil and 7.46 million tonnes of cement excluding clinker.

Several concessions or discounts are also being given in Indian Railways to make Railways Freight movement very attractive. Improvements in freight movements will be institutionalized and incorporated in the upcoming zero-based time table.

COVID-19 has been used by Indian Railways an opportunity to improve all-round efficiencies and performances.