In a notable development, Indian Railways (IR) has witnessed double-digit growth in freight traffic despite Covid-19 challenges. The freight loading in May 2021 stood at 92.29 million tonnes (mt), 10 per cent higher than the corresponding period in May 2019 (83.84 mt) and 43 per cent higher than the corresponding period in May 2020 (64.61 mt). IR earned a revenue of Rs 92.79 billion from freight loading in May 2021. Further, the wagon turnaround time has witnessed an improvement of 27 per cent in the month. In May, 2021, the wagon turnaround time is registered at 4.83 days as compared to 6.61 days in May 2019.
- IR dissolves IRSDC after recommendation from Central Government October 20, 2021
- IR operates two long haul freight trains over SCR October 20, 2021
- IRs passenger segment generates higher revenue in second quarter October 20, 2021
- Sale of CONCOR gets postponed October 20, 2021