 "freight")
Beating the pandemic blues, Indian Railways has closed the financial year 2020-2021 with higher freight loading than the last. According to data shared by the Rail Ministry, cumulative freight loading for the financial year 2020-2021 stood at 1,224.45 million tonne (mt), up from 1,205.04 mt in the fiscal 2019-2020.
The railways also reported higher freight revenue during this period overcoming the COVID-19 lock downs and other challenges to end the year with record closings. Freight revenue as on fiscal 2021 end stood at Rs 1,16,634.9 crore, up from 1,13,477.9 crore in the same period of the previous fiscal.
The Indian Railways has been reporting a strong recovery in freight earnings since August 2020 with speedier trains allowing better turnaround times.
