Railways' freight revenue up 8.76 % in April-February 09-10

The Indian Railways' revenues from freight traffic grew by 8.76 per cent to Rs 52,036.85 crore during April-February in 2009-10 from rs 47,846.53 crore in the corresponding period of the previous financial year.

According to an official statement, the Railways carried 803.50 million tonnes of freight traffic during the first 11 months of 2009-10 as compared to 751.30 million tonnes carried during the corresponding period last year, registering an increase of 6.95 per cent.

The Net Tonne Kilo Metres (NTKM) went up from 485302 million during April 2008-February 2009 to 529076 million during April 2009- February 2010, showing an increase of 9.02 per cent, it said.

Out of the total earnings of Rs. 4798.13 crore from freight traffic during February 2010, Rs. 1904.60 crore came from transportation of 33.13 million tonnes of coal, followed by Rs. 651.34 crore from 10.13 million tonnes of iron ore for exports, steel plants and for other domestic users, Rs. 463.31 crore from 7.67 million tonnes of cement and Rs. 369.95 crore from 3.69 million tonnes of foodgrains.

The Railways also earned Rs. 262.82 crore from 3.09 million tonnes of petroleum oil and lubricants (POL), Rs. 258.05 crore from 2.35 million tonnes of pig iron and finished steel from steel plants and other points, Rs. 222.85 crore from 2.91 million tonnes of fertilizers, Rs. 83.85 crore from 1.04 million tonnes of raw material for steel plants except iron ore, Rs. 240.12 crore from 2.74 million tonnes by container service and Rs. 341.24 crore from transportation of 5.79 million tonnes of other goods, the statement added.

NNN