Silver of the Indian Railways during the Corona period; Billions earned by selling scrap | Indian Railway get highest revenue of Rs 4575 crore by sale of scrap

Silver of the Indian Railways during the Corona period; Billions earned by selling scrap | Indian Railway get highest revenue of Rs 4575 crore by sale of scrap

Indian Railway | The wreckage from the railways includes old rails, molds, old locomotives, the same coaches. Electrification work is currently underway on several routes from the railways.

Silver of the Indian Railways during the Corona period;  Billions earned by selling scrap

Silver of Indian Railways during Corona period

New Delhi: Over the past year, the Corona crisis has caused almost no traffic in the country. As a result, Indian Railways is losing a lot of revenue for passenger transport. However, during this period, the Railways have made huge profits by selling scrap metal. According to RTI data, Indian Railways has earned Rs 4,575 crore from scrap sales in 2020-21. This is by far the largest revenue generated from scrap sales. Earlier, in 2010-11, the railways had earned Rs 4,409 crore by selling scrap metal. (Indian Railway get highest revenue of Rs 4575 crore by sale of scrap)

The wreckage from the railways includes old rails, molds, old locomotives, the same coaches. Electrification work is currently underway on several routes from the railways. So the old engines have to be replaced. During this process a large amount of debris is released. The auction was conducted online to make the scrap sale transaction transparent. The Railways has set a target of Rs 4,100 crore from scrap sales in the 2021-22 financial year.

Earnings in the month of May due to ‘Ya’

Earlier, Indian Railways had earned record-breaking revenue through freight. In May this year, Indian Railways has achieved record revenue through freight. Railways carried 114.8 million tonnes of goods in May. Railways received Rs 11,604.94 crore through this channel. Freight mainly consists of coal, iron, food, mineral oil and cement. For some time now, Indian Railways has been focusing on increasing revenue through freight. The speed of freight trains has also been increased. As a result, the revenue of the railways is increasing rapidly.

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(Indian Railway get highest revenue of Rs 4575 crore by sale of scrap)

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