Today's Cancelled Trains
Railway commodity
18:17
Showing posts with label Railway commodity. Show all posts
Showing posts with label Railway commodity. Show all posts
Tuesday, 18 December 2018
Thursday, 29 September 2016
Railway commodity
22:52
LIBERALISED STATION TO STATION SPECIAL FREIGHT RATES POLICY
LIBERALISED STATION TO STATION SPECIAL FREIGHT RATES POLICY
· Section 32 of the Railways Act, 1989 empowers railway administration to quote Station to Station Rate (STS) in respect of carriage of various commodities.
· Railway Board used to issue guidelines to Zonal Railways for implementation of STS rates. Last guidelines on this subject were issued by Board in 2002, which were in operation till 2006. In November 2015, Zonal Railways were advised to exercise power vested with them to quote STS rates as per the Railways Act, 1989.
· On request from Zonal Railways and to enable them to garner more traffic from road and other modes, broad guidelines are being issued to Zonal Railways for finalising STS rates.
· Salient features of the proposed policy are as under:
·Existing as well as new traffic shall be eligible.
·Concession shall be granted up to a maximum of 30% on the incremental traffic over and above the benchmark NTKM. Benchmark NTKM is defined as average NTKMs of corresponding periods of previous 24 months.
·Concession shall be in the form of percentage discount over the Normal Tariff Rate (NTR). It should be ensured that the concessional freight should not be less than the NTR of Class 100.
·Concession shall be admissible to Block rake, two/multi point rake, Mini Rake etc.
· Concession may be granted for retention of traffic also up to maximum of 15%. In case of container traffic, STS discount upto maximum of 15% shall be given to commodities charged at Container Class Rate (CCR).
·STS scheme will be applicable for all terminals namely goods sheds, sidings, ports, CRTs, PFTOs etc.
·To avail STS, Rail users shall be required to apply to the DRM with details, who shall forward the same for approval of GM through CCM, COM and FA&CAO. If Railway administration approves grant of concession under STS, an agreement shall be executed between Railway and customer.
·The agreement shall be done for a maximum period of three years at a time and for not less than one year. Any change in freight rate (excluding imposition of any surcharge) shall not be applicable on the customer during the currency of the agreement or for one year, whichever is less.
·Commodities excluded from STS are -
o All commodities with classification below Class-100.
o All commodities under Main Commodity Head “Coal & Coke”
o Iron ore (all types)
o Military traffic, POL and RMC
·Targeted customer: Food grain, Cement, Clinker, Dolomite, Limestone, Steel companies, Fly ash, etc.
· Expected additional loading: 10 million tonne per annum.
Thursday, 25 June 2015
wagons
09:35
Railways to utilise empty freight rakes by offering rebate to customers
Railways to utilise empty freight rakes by offering rebate to customers
NEW DELHI: Taking the cue from flash sales by airlines to sell off their empty seats, Indian Railways has decided to utilise the 46,000 rakes that run empty every year after dropping off the freight.
Starting from Thursday, railways will start the Automatic Freight Rebate Scheme, offering incentives to customers to carry load in the traditional empty flow direction. Railway officials said it is a simple scheme whereby automatic rebates will be offered to customers over-the-counter. "Everything is computerised.
There will be no delays, no processing and no waiting. It will be as easy as hailing an auto-rickshaw on the road. It will be completely transparent," said an official of the traffic directorate.
GARNER ADDITIONAL REVENUE
The scheme will garner additional revenue for the railways. "It will add to the railways' bottom-line. Each rupee earned is a bonus. The rakes are anyway moving in the empty flow direction, using up the fuel. Now they will carry load and earn revenue," he said. Added benefit will be, reducing the carbon footprint of railways, he said.
About 40% of freight rakes move empty, waste fuel and infrastructural capacity. "This scheme will not only help the customer to carry freight at cheaper rates and target new markets, it will also help in bringing down the cost of commodities like cement, steel, jute and food grains, benefiting the consumers. It is going to be a game-changer," another official said.
The users will be offered a discount that could go up to 30% of the normal freight rates. "The discounts could be as much as Rs 400 per tonne of freight, carried at a distance of 800 km. In simple terms, a bag of cement could be cheaper by Rs 20," he said.
The traffic directorate worked out the scheme after detailed surveys of rakes running empty in what it calls "back haul freight". The effected sectors and commodities were studied before devising the scheme. Efforts were made to ensure ease of business for customers, and many of the existing norms were relaxed.
A wagon, for example, can be loaded with a single or multiple commodities. Railways have also reduced the minimum load size carried from 2,400 tonne to 1,200 tonne. "Entry barriers for users have been reduced. The scheme will help existing customers target new markets, it will allow new customers to come in and also open up new geographical market," a senior railway board official said.
Source :Economic Times.
Tuesday, 19 May 2015
Railway commodity
17:46
Railways’ Commodity-Wise Freight Traffic Earnings up by 17.23 per cent during April 2015
Railways’ Commodity-Wise Freight Traffic Earnings up by 17.23 per cent during April 2015
Indian Railways commodity-wise freight traffic earnings were Rs. 9461.47 crore during the month of April 2015 compared to Rs. 8071.18 crore of during the same period last year, registering an increase of 17.23 per cent. Out of this Rs. 9461.47 crore, Rs. 4623.77 crore generated from transportation of 46.07 million tonnes of coal, followed by Rs. 573.12 crore from 8.99 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 872.99 crore from 9.38 million tonnes of cement, Rs. 570.17 crore from 3.28 million tonnes of foodgrains, Rs. 502.08 crore from 3.47 million tonnes of petroleum oil and lubricant (POL), Rs. 554.51 crore from 3.35 million tonnes of Pig iron and finished steel from steel plants and other points, Rs. 475.05 crore from 3.43 million tonnes of fertilizers, Rs. 178.65 crore from 1.64 million tonnes of raw material for steel plants except iron ore, Rs. 445.84 crore from 3.72 million tonnes by container service and Rs. 665.29 crore from 6.48 million tonnes of other goods.
Source:PIBNEWS.
