Reforms in last 3 years boosted railway loading, earnings: Mohammed Jamshed

Infusion of capital to the tune of Rs 8.56 lakh cr has already been tied up for the Railways during 2015-19

In the past year, the Indian Railways has undertaken various tariff reforms, including a reduction in freight rates to improve freight traffic. These reforms have paid rich dividends in terms of growth in freight loading and earnings during the current financial year. Mohammed Jamshed, member traffic of Railway Board, talks to Shine Jacob about the reformative measures that the Railways has taken recently to improve traffic.

Could you specify some of the tariff and other reforms and what has been their impact on revenue and traffic growth this financial year?

We have recently decided to provide freight concessions for double