Railways earns Rs 1.43 trn from freight in FY22, ferries 1,418 mn tonnes

Indian Railways ended the financial year with its highest ever earnings from freight services. The national transporter earned Rs 1.43 trillion in FY22, ferrying 1,418 million tonne (mt) of freight.

Railways’ freight revenue in 2020-21 was Rs 1.24 trillion. With 1233 mt loaded in the last fiscal year, railways’ annual freight has risen 15 per cent this time. The annual increment of over 180 mt is also the highest recorded in a single year.

Earlier this week, the ministry of railways had shared that it had recorded 1400 mt of freight for the first time ever. Analysts have previously attributed this to a recovery of economic growth along with pent-up demand due to the pandemic.