Home » Business » Indian Railways break several records in freight loading during Financial Year-2021-22

Indian Railways break several records in freight loading during Financial Year-2021-22

Newdelhi:1/4/22; Indian Railways has for the first time ever breached the 1400 MT Freight Loading mark in this Financial Year. The Originating Freight Loading of Indian Railways for the FY 2021-22 stood at 1418.1 MT (provisional) which is 15% more than the previous best set in FY 2020-21 at 1233.2 MT. The incremental loading of ~ 185 MT has been led primarily by Coal with 111 MT growth, followed by Cement at 17.2 MT and Balance other Goods at 15 MT.

The incremental loading of 185 MT with 15% growth is the best ever growth in both absolute and percentage terms. The previous best incremental growth in percentage terms was achieved in the year 1981-82 with 12.9 % growth. The previous best incremental loading in absolute terms was 66.1 MT achieved more than a decade ago in the year 2005-06.

A Year of Records, FY 2021-22 has seen the best ever figures in many indices including Freight Loading and Revenue. Below is the snap Shot of the records broken in FY 2021-22:

Indices Previous Best Date/Period New Best* Date/Period
Freight loading 1233.3 FY 20-21 1418.09 FY-21-22
Gross Freight Revenue  ₹1,27,430 FY 18-19 ₹ 1,43,732** FY-21-22
Incremental Loading 66.1 MT FY 07-08 185 MT FY 21-22
Average Wagons Per day 54,469 FY 20-21 62,885 FY -21-22
Highest Loading in a single day 1,03,737 Wagons (7.8 MT) 31.03.2021 1,06,227 Wagons (8.14 MT) 31.03.2022
Highest Loading in a Month 130.48 MT March’ 2021 139.25 MT March’ 2022
Revenue NTKM 702 Billion FY 18-19 820 Billion FY-21-22

* The Figures are provisional and might change slightly upon finalisation of Statistics.

** Gross Revenue figures before apportionment

Following the Mantra, “Hungry For Cargo”, IR has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both conventional and nonconventional commodity streams. The customer-centric approach and work of Business Development Units backed up by agile policy-making helped Railways towards this landmark achievement.

Indian Railways achieved incremental loading in all commodities except Fertilizers where the demand was subdued due to High International Prices. The details of Commodity wise Loading along with incremental loading are as follows:-

Commodity 2020-21 2021-22* Incremental Cargo % Variation
Coal 542.2 653.3 111 20.5
Raw Material For steel plants (Including Iron Ore ) 183.7 197.2 13.5 7.3
Finished Steel and Pig Iron 59.3 68.3 8.9 15.1
Cement and Clinker 121.2 138.5 17.2 14.2
Foodgrains 62.8 73.4 10.5 16.7
Fertilizers 54.1 49.5 -4.6 -8.5
POL 43.01 45.02 2.01 4.7
Containers 63.2 74.3 11.1  
Balance Other Goods 103.3 118.4 15.04 14.5
Total 1233.2 1418.1 184.99 15.0

* The Figures are provisional and might change slightly upon finalisation of Statistics.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

Tata Steel Meramandali Announces Third Edition of Run-a-thon with the theme: Run For A Greener Planet

 To be organised in partnership with Dhenkanal District Administration A sapling to be planted for each registration 20 awards worth Rs 4.2 lakhs to be awarded 3500 run enthusiasts to ...