Rlys freight loading up 5%, revenues lag GDP
Financial Express Mumbai|April 02, 2024
THE INDIAN RAILWAYS reported freight loading of 1,591 million tonne (MT) in FY24, up 5% on year.
MANU KAUSHIK

This was marginally higher than the budget estimate of 1,580 MT. In FY23, the transporter had carried freight of 1,509 MT.

However, in April-February last fiscal, the latest period for which data are available, railways posted just a 4.7% increase in freight earnings to ₹1.56 trillion, trailing the nominal GDP growth.

The railways achieved significant annual increases in various capex projects such as electrification of the network, commissioning of tracks, automatic signalling, and in construction of bridges, official sources said.

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