"Parcel business is increasing as it is a fast moving sector. We want to increase our parcel share which is currently not much," Railway Minister Suresh Prabhu said after announcing the liberalised parcel policy here.
The Railways earn about Rs 2,000 crore a year in parcel business. It has set a target of Rs 3,000 crore for the current fiscal.
As per the new policy, container train operators (CTO) will be allowed to operate parcel special trains consisting of parcel vans. A parcel special train will have 20 parcel vans.
CTOs will aggregate the parcel cargo from customers and offer the same in full rake load. At the respective destinations, parcel cargo will be delivered to CTOs for further segregation and handing over to customers.
Prabhu said the Post and Telegraph department also has ambitious plans to increase their parcel business and the Railways can tie up with them.
Railway Board Member (Traffic) Mohd Jamshed said parcel operation was being currently carried in a very limited way and efforts are on to increase it in a significant way.
Parcel policy has been liberalised now and all zones have been asked to run parcel vans on lease, Jamshed said.
CTOs will be permitted to avail the facility at container rail terminals, domestic container terminals, inland container depot, multi-modal logistic park and all railway terminals.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
