Business Standard

Railways ministry nod to new iron ore policy, to come into effect in Feb

Higher priority given to movement of iron-ore traffic for domestic manufacturing

Freight train
Premium

As per the new policy, higher priority will be given to movement of iron-ore traffic for domestic manufacturing activity | Representational image

BS Reporter New Delhi
The Ministry of Railways has approved a new iron-ore policy governing the allocation of rakes and transportation of iron-ore.

This new policy has been named as Iron-ore Policy 2021 and shall come into effect from February 10, 2021. The provisions of the new policy will be updated in the rake allotment system module by the Centre for Railway Information Systems (CRIS).

“Scrutiny of documentation by Railways has been removed. Executive Director Rake Movement of Railway Board (EDRM) office, Kolkata which has been sanctioning programmes for movement of iron-ore traffic will have no regulatory role in the new policy. The office

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 16 2021 | 4:28 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com