The Hindu Business Line : Railways freight earnings up 16.6% in April-Jan

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New Delhi Feb. 23 The Railways has earned Rs 34,083.49 crore of revenues from freight traffic during April 2006-January 2007 compared with Rs 29,231.71 crore during the corresponding period of the previous year, registering an increase of 16.6 per cent.

In terms of tonnage, the Railways carried 593.67 million tonnes (mt) (542.81 mt), up by 9.37 per cent.

The net tonne kilo metres (NTKM) went up by 8.47 per cent to 3,89,170 million (3,58,770 million), stated an official release.

The NTKM represents the combined increase in distance and tonnage.

JANUARY PERFORMANCE

The earnings from freight traffic in January were Rs 3,842.14 crore (Rs 3,364.38 crore), showing an increase of 14.2 per cent.

The Railways carried 65.74 mt (61.72 mt ) of freight traffic during the month, registering an increase of 6.51 per cent.

The NTKM went up from 41,510 million in January 2006 to 42,929 million in January 2007, up by 3.42 per cent.

Of the total earnings last month, Rs 1,493.94 crore came from transportation of 29.19 mt of coal; followed by Rs 338.67 crore from 3.84 mt of foodgrains; Rs 310.35 crore from 6.23 mt of cement; Rs 261.65 crore from 3.12 mt of petroleum oil and lubricant; Rs 233.09 crore from 3.37 mt of iron ore for exports; Rs 202.7 crore from 3.22 mt of fertilisers; Rs 198.8 crore from 1.79 mt of iron and steel for steel plants; Rs 177.62 crore from 4.83 mt of raw material for steel plants; and Rs 625.32 crore from 10.15 mt of other goods.