Indian Railways has increased its revenue from the commodity-wise freight revenue, during the period of April-October, by 8.90 percent, according to a press release by the Ministry of Railways.
The statement claimed that Indian Railways has generated Rs. 37,392.88 crore of revenue earnings from commodity-wise freight traffic during April-October 2011 as compared to Rs. 34,337.11 crore during the corresponding period last year.
The Railways carried 536.92 million tonnes of commodity-wise freight traffic during April-October 2011 as compared to 516.89 million tonnes carried during the same period last year, registering an increase of 3.88 percent.
It also stated that the Net Tonne Kilo Metres (NTKM) went up from 343,025 million during April-October 2010 to 357,750 million during April-October 2011, showing an increase of 4.29 percent.
Out of the total earnings of Rs. 5,590.62 crore from commodity-wise freight traffic during the month of October 2011, Rs. 2,294.87 crore came from transportation of 36.12 million tonnes of coal, followed by Rs. 550.60 crore from 7.99 million tonnes of iron ore for exports, steel plants and other domestic users, Rs. 580.94 crore from 9.16 million tonnes of cement, Rs. 339.40 crore from 3.58 million tonnes of foodgrains, Rs. 304.26 crore from 3.33 million tonnes of petroleum oil and lubricant (POL), Rs. 331.54 crore from 2.74 million tonnes of pig iron and finished steel from steel plants and other points, Rs. 407.15 crore from 4.90 million tonnes of fertilizers, Rs. 100.24 crore from 1.14 million tonnes of raw material for steel plants except iron ore, Rs. 292.49 crore from 3.22 million tonnes by container service and Rs. 389.13 crore from 5.50 million tonnes of other goods, mentioned the statement.