Indian Railways carries 1107 MT Goods in 2016-17, exceeds Target

NEW DELHI: The railways carried 1107 million tons of goods, exceeding the freight target despite the gloomy market scenario in 2016-17 fiscal.

The loading target was fixed at 1160 MT in the 2016-17 which was later revised to 1094 MT, keeping the prevailing market condition in mind. It had carried 1104 MT freight in 2015-16.

The railways earned Rs 1.67 lakh crore in 2016-17 fiscal from freight, as against Rs 1.63 lakh crore in the last fiscal.

“We managed the record loadings this time despite the adverse market condition due to the several reforms undertaken in the freight sector,” Railway Board Member (Traffic) Mohd Jamshed told