CAG to audit, guide railways’ multi-modal plan to increase cargo transportation

NEW DELHI: In a first-of-its-kind exercise, CAG will carry out an audit of the ‘multi-modal transport logistics initiative’ to assess the preparedness of the railways to increase its cargo transportation share to 45% in the next five years (2030) from the current 27%.

The federal auditor will also assess the railways’ planning for seamless multimodal transportation, which is key to bring down logistics cost, and plans to submit a report in the next year monsoon session of parliament.