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The Indian Railways earned a record Rs 4,408 crore through scrap auctions in 2010-11, which is 25 per cent higher than the Rs 3,525 crore recovered the previous year. This growth was supported by a 13 per cent growth in quantity of scrap sold and 12 per cent increase in rates/tonne. The increase in quantity was achieved after the Railways undertook a foot-by-foot survey to identify scrap lying at various places.
“A lot of scrap lie in difficult-to-access areas. We got a foot-by-foot survey done by members of the scrap selling department, not by the departmental owners of the scrap. Wherever the surveying team found unaccounted for scrap, they brought it to the notice of the owning department – at times through video evidence,” explained Mr Sanjiv Handa, Member-Mechanical, Indian Railways.
BREAK UP
In the ferrous and non-ferrous scrap category, which accounts for bulk of sale, in 2010-11, the Railways sold 18.25 lakh tonne of cargo and earned Rs 3,954 crore. In 2009-10, the Railways sold 16.14 lakh tonnes of ferrous and non-ferrous scrap and earned Rs 3,112 crore.
By selling condemned wagon, coach and locomotives, in 2010-11, the Railways earned Rs 277 crore and Rs 267 crore in 2009-10. Miscellaneous items sales earned Rs 177 crore (Rs 146 crore).
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