Despite scrapping the 15 per cent busy season surcharge, the Indian Railways has seen an eight per cent drop in cargo loading this October against the same period last fiscal.
This is the sharpest decline in the last nine years.
In September, the Railways scrapped the 15 per cent busy season surcharge, which would have kicked in from October 1, to make it cheaper for customers to move cargo by the rail mode, and also attract more rail cargo.
The Railways had moved 93.82 million tonne of coal, iron ore, cement, an over eight per cent dip against the same period last year. Also, the drop in net tonne kilometre — a productivity parameter that measures both the loading and distance moved by a commodity — has been sharper at over 11 per cent. This means that not only is the loading down, the distance of cargo movement was also lower.
Bu hikaye The Hindu Business Line dergisinin November 14, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin November 14, 2019 sayısından alınmıştır.
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