Railways Freight Corridor

Despite Covid, on March 11, 2021, Indian Railways achieved cumulative freight loading of 1145.68 million tonnes, which is higher as compared to last year's total cumulative loading

Mobility and traffic congestion see a drop

Japan International Cooperation Agency has extended a cumulative total of about Rs 33,000 crore in official development assistance for the Western Dedicated Freight Corridor

Modi inaugurated the 306-km Rewari-Madar section of the Western Dedicated Freight Corridor section

Modi said his government engaged with stakeholders to speed up the work

The plan also targets confirmed tickets for all passengers and elimination of waiting lists

It has utilised about 7,135 wagons per day during the April-July period in the current financial year

Officials said the Chinese firm was supposed to complete the work by 2019, but only 20 percent of the work has been completed so far.

Among the commodities, coal was the worst-hit, with the sector contributing 60% to the total decline

Armed escorts have been initially approved in the Eastern Railway zone and will be reviewed after a period of six months

Firm is looking at a 50% demand growth coming from housing segment, eyes 25% uptick from Railways

In the first quarter (April-June) of financial year 2019-20, the railways earned a revenue of Rs 13,398.92 crore from passenger fares. This dipped to Rs 13,243.81 crore in the July-September quarter

A total of 23 junction stations, three future junctions and 13 crossing stations have been proposed in this network which is expected to be completed at a cost of around Rs 73,804 crore

Twelve years later, the project is waiting for its formal commercial launch