Railways’ freight tariff declining on non-competitive tariff: survey
In order to attract more freight business, the Railways has taken a number of tariff and non-tariff measures. These include:
- Setting up of Business Development Units to inter alia actively pursue and attract freight business for rail.
- Withdrawal of 15% Busy Season Surcharge on rail freight for all commodities except iron ore and coal.
- Concession on long lead traffic of 15% to 20% on coal, iron ore and iron & steel.
- Concession on short lead traffic of 10% to 50% for commodities (except coal and iron ore).
- 5% discount on loaded containers and 25% on empty containers, and waiver of stabling charges on container rakes during Covid.
- Specific discounts on commodities such as fly ash.
- Rationalisation of classification of industrial salt.
- Making existing schemes like traditional empty flow directions, wagon investment schemes, PFT, Siding Policy simplified and more customer-friendly.
- Debit/Credit scheme for demurrage introduced for sidings.
- Launching of Freight Business Development Portal.
This information was given by the Minister of Railways, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Mr Piyush Goyal, in the Lok Sabha this week, said a release.