Moneycontrol
you are here: HomeNewsIndia
Dec 07, 2017 06:53 PM IST | Source: PTI

Railways record 5% jump in freight, passenger traffic in last 8 months

The freight traffic, which essentially serves the revenue of the railways, recorded an almost 5 percent jump in loading during April 1-November 30, 2017, as compared to 2016.

The Indian Railways has registered a rise in both its freight and passenger business during April-November as compared to the same period last year, according to a data with the national transporter.

The freight traffic, which essentially serves the revenue of the railways, recorded an almost 5 percent jump in loading during April 1-November 30, 2017, as compared to 2016.

Amongst the commodities which contributed to this performance in the freight traffic include iron ore, which registered a 5.16 percent growth in loading, cement which grew by 10.14 percent, steel by 16.23 percent, container traffic by 12.71 percent and coal by 2.23 percent.

"In fact, freight loading has seen a 0.79 percent growth which is more than what our target was for these months," a senior official of the railway ministry said.

Overall freight loading saw a growth of 747.70 million tonnes in these eight months of this year, which is 32.02 million tonnes more than last year.

"In the passenger sector, we have grown by 5.22 percent during April 1-November 20 over the same period last year and added around 50.33 million more passengers. This shows that railways continue to be the preferred mode of transportation for the people," Member (Traffic) Mohd Jamshed said.

The railways, Jamshed said has also earned an additional Rs 1,579 crore in this period as against last year.

With these numbers in the last eight months, the railways seem to have finally come out of the rut after a dip in passenger traffic since 2013-14 and a marginal high in 2016.
Sections
Follow us on
Available On