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Budget: PM's Gati Shakti gives major boost to Railways, says R Sivadasan

With 59 days to go for fiscal year-end, its traffic guys are poised to create an incredible annual incremental loading record of more than 190 MT

R Sivadasan, Former Financial Commissioner, (Railways), and ex-officio secretary to GoI
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R Sivadasan, Former Financial Commissioner, (Railways), and ex-officio secretary to GoI

Business Standard
Today, Indian Railways should have achieved a freight loading of 1,160 million tonnes (MT). With 59 days to go for fiscal year-end, its traffic guys are poised to create an incredible annual incremental loading record of more than 190 MT, even as India fights devastating impacts of a second Covid year. An incremental loading of this scale usually takes around five years to achieve. Thus, at least one parameter of speedy economic bounce-back is confirmed.

In a pandemic year, operating ratio is immaterial. In global railway systems, staff costs are around 65 per cent of working expenses. The rest of O&M