Dedicated Freight Corridor Project : Indian Railways
- Thread starter Ashwin
- Start date
Indian Railways Handles Over 1,600 MT Freight in FY25, Among Top Three Globally
By Kuldeep Negi
Apr 02, 2025, 03:05 PM | Updated 03:07 PM IST
A freight train of Indian Railways. (Representative Image) (Facebook)
Indian Railways has transported around 1,617 million tonnes (MT) of freight traffic in the financial year 2024-25 (till February), placing it among the top three freight-carrying railways in the world, Railway Minister Ashwini Vaishnaw told the Parliament.
In 2020-21, during the COVID-affected period, freight loading stood at 1,233 million tonnes. This increased to 1,418 million tonnes in 2021-22. The upward trend continued with 1,512 million tonnes loaded in 2022-23, followed by 1,591 million tonnes in 2023-24.
In the current financial year 2024-25, Indian Railways has already handled 1,617 million tonnes of freight traffic till February. "During 2024-25, Indian Railways has transported more than 1600 MT of freight traffic, becoming one of the top 3 freight carrying Railways in the World," Vaishnaw said in a written reply to a question in the Lok Sabha.
Further, Vaishnaw said that the Ministry of Railways has commissioned 97 new Gati Shakti Multi-Modal Cargo Terminals (GCT) since 2021. The GCT scheme was launched in 2021 with the objective of increasing investment in development of additional terminals for handling rail cargo.
Railways Minister Ashwini Vaishnaw said that the Railways earned Rs 2,38,310 crore revenue, including Rs 1,54,835 crore from freight traffic, in financial year 2024-25 till February. The Railways earned Rs 1,91,278 crore in FY22, which was a COVID-affected year. Further, Rs 2,40,137 crore revenue was earned in FY23 while Rs 2,55,366 crore was earned in FY24, the minister added.
"To increase freight revenue, Indian Railways is taking multi-pronged approach such as General Purpose Wagon Investment Scheme (GPWIS), Liberalized Special Freight Train Operator (LSFTO) scheme and Automobile Freight Train Operator (AFTO) scheme to increase the freight handling capacity in Indian Railways," the minister said.
"‘Gati Shakti Multi-Modal Cargo Terminal (GCT)’ policy has been launched in the year 2021 with the objective of increasing investment in development of additional terminals for handling rail cargo. So far, 97 new GCTs have been commissioned since the implementation of the policy, with an estimated traffic capacity of 149 million tonnes per annum (MTPA)," Vaishaw said.
https://swarajyamag.com/news-brief/...0-mt-freight-in-fy25-among-top-three-globally
By Kuldeep Negi
Apr 02, 2025, 03:05 PM | Updated 03:07 PM IST
A freight train of Indian Railways. (Representative Image) (Facebook)
Indian Railways has transported around 1,617 million tonnes (MT) of freight traffic in the financial year 2024-25 (till February), placing it among the top three freight-carrying railways in the world, Railway Minister Ashwini Vaishnaw told the Parliament.
In 2020-21, during the COVID-affected period, freight loading stood at 1,233 million tonnes. This increased to 1,418 million tonnes in 2021-22. The upward trend continued with 1,512 million tonnes loaded in 2022-23, followed by 1,591 million tonnes in 2023-24.
In the current financial year 2024-25, Indian Railways has already handled 1,617 million tonnes of freight traffic till February. "During 2024-25, Indian Railways has transported more than 1600 MT of freight traffic, becoming one of the top 3 freight carrying Railways in the World," Vaishnaw said in a written reply to a question in the Lok Sabha.
Further, Vaishnaw said that the Ministry of Railways has commissioned 97 new Gati Shakti Multi-Modal Cargo Terminals (GCT) since 2021. The GCT scheme was launched in 2021 with the objective of increasing investment in development of additional terminals for handling rail cargo.
Railways Minister Ashwini Vaishnaw said that the Railways earned Rs 2,38,310 crore revenue, including Rs 1,54,835 crore from freight traffic, in financial year 2024-25 till February. The Railways earned Rs 1,91,278 crore in FY22, which was a COVID-affected year. Further, Rs 2,40,137 crore revenue was earned in FY23 while Rs 2,55,366 crore was earned in FY24, the minister added.
"To increase freight revenue, Indian Railways is taking multi-pronged approach such as General Purpose Wagon Investment Scheme (GPWIS), Liberalized Special Freight Train Operator (LSFTO) scheme and Automobile Freight Train Operator (AFTO) scheme to increase the freight handling capacity in Indian Railways," the minister said.
"‘Gati Shakti Multi-Modal Cargo Terminal (GCT)’ policy has been launched in the year 2021 with the objective of increasing investment in development of additional terminals for handling rail cargo. So far, 97 new GCTs have been commissioned since the implementation of the policy, with an estimated traffic capacity of 149 million tonnes per annum (MTPA)," Vaishaw said.
https://swarajyamag.com/news-brief/...0-mt-freight-in-fy25-among-top-three-globally
What is the opinion on Vaishnaw as the Railway minister and the IT minister?
I have mixed feelings of him as the Railway minister but as the IT minister he has done a decent job.
I have mixed feelings of him as the Railway minister but as the IT minister he has done a decent job.