Indian Railways’ freight revenue jumps 11.12% to Rs 14,798.11 crore in June

NEW DELHI : Indian Railways generated Rs 14,798.11 crore from freight in June, marking an 11.12% increase from Rs 13,316.81 crore earned in the same month last year. The Railway Board reported an originating freight loading of 135.46 million tonnes (MT) for June 2024, up from 123.06 MT in June 2023, reflecting a rise of approximately 10.07% year-over-year.

“During the month of June 2024, originating freight loading of 135.46 MT has been achieved against loading of 123.06 MT in June 2023, which is an improvement of approx 10.07 per cent over the last year,” the Railway Board said in the statement.

“Rs 14,798.11 crore was achieved in June against Rs 13,316.81 crore freight earnings in June 2023, thereby showing an improvement of about 11.12 per cent over the last year,” the Railway Board added.

Railways’ freight handling breakdown

According to a statement, the railways handled 60.27 MT of coal, 8.82 MT of imported coal, 15.07 MT of iron ore, 5.36 MT of pig iron and finished steel, 7.56 MT of cement, 5.28 MT of clinker, 4.21 MT of foodgrain, 5.30 MT of fertiliser, 4.18 MT of mineral oil, 6.97 MT of containers, and 10.06 MT of various other goods in June this year. 

Indian Railways’s ‘Hungry For Cargo’ initiative

The ministry attributed this achievement to Indian Railways’ commitment to enhancing business efficiency and service delivery at competitive rates under the motto ‘Hungry For Cargo’. 

“Following the mantra of ‘Hungry For Cargo’, the IR (Indian Railways) has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices,” the ministry said.

The rail ministry highlighted customer-centric practices and proactive policy adjustments as instrumental in achieving these results.