Coal freight is the biggest source of revenue of railways, accounting for almost half of its freight basket which earned the national transporter Rs 1.43 trillion in 2021-22
NITI Aayog is pitching for reduction in freight charges for transportation of coal. This would form part of the policy to optimise the cost of coal in the country, which the central government think tank said would be prepared by coal and power ministries.
The biggest impact, however, would be on Indian Railways, for which coal freight is the highest source of revenue in its freight basket. Responding to a right to information (RTI) application filed by Business Standard, the NITI Aayog said its report was under process and “will be submitted to the Prime Minister’s Office (PMO).”
First Published: Oct 30 2022 | 10:51 PM IST