INDIAN RAILWAYS FREIGHT TRAFFIC INCREASES TO 532.4 MILLION TONNES IN H1 FY2014-15

Source:  www.thedollarbusiness.com

Railways carried 532.44 million tonnes of commodity-wise freight traffic in the first six months of FY2014-15, which is up about 4.2% from 511 million tonnes carried during the corresponding period last year, and around 48% of the targeted 1,101 million tonnes for the full year FY2014-15, according to the Ministry of Railways.

Commodity-wise freight revenue earnings during April-September 2014 stood at Rs.48,062.07 crore (about $7.8 billion), up 10.59% from Rs.43,457.78 crore (about $7.2 billion) earned during the corresponding period last year.

Earnings during the month of September 2014 stood at Rs.7,703.85 crore, which is up around 10.18% from Rs.6,992.18 crore earned during the same period last year. About 46% of it came from transport of coal, said India’s Ministry of Railways.

The Ministry is targeting total freight loading of 1,101 million tonnes in FY2014-15, which is up about 4.8% from 1,050 million tonnes in FY2013-14. Total freight earnings targeted in FY2014-15 is Rs.1,05,770 crore. More info

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