Railways working to attract more loadings: Board member

Image
Press Trust of India New Delhi
Last Updated : Nov 05 2016 | 8:23 PM IST
Amid the fall in freight, railways is working out on strategies to divert loadings from roads to rail.
"We are working on three strategies to perk up the loadings," said Railway Board Member (Traffic) Mohd Jamshed here at the conference on 'Challenges and Strategies for Indian Railways in the merging scenario' organised by the Centre for Transportation Research and Management here.
Addressing the delegates, Jamshed said they are working on expanding the freight basket of railways, rationalising the tariff structure and augmenting capacity to improve the Railways' share.
He said the freight rates in certain goods have been recently rationalised to increase volume in the loadings.
Highlighting the infrastructure augmentation work being undertaken, he said, "Railways has launched a massive programme to attract investment in capacity building exercise."
Chief Economic Advisor Arvind Subramanian in his keynote address spoke about recent economic measures taken by the government and role of Railways in the Indian Economy.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 05 2016 | 8:23 PM IST

Next Story