Apr 17, 2013

Commodity-Wise Freight Revenue by Railways goes up by 22.95 Per Cent During Fiscal2012-13



The Railways have generated Rs. 84791.06 crore of revenue earnings from commodity-wise freight traffic during fiscal 2012-13 as compared to Rs. 68965.44 crore during the corresponding period last year, registering an increase of 22.95 per cent. Railways carried 1009.83 million tonnes of commodity-wise freight traffic during financial year 2012-13 as compared to 969.78 million tonnes carried during the corresponding period last year, registering an increase of 4.13 per cent. 

Out of the total earnings of Rs. 7749.94 crore from commodity-wise freight traffic during the month of March 2013, Rs. 3608.30 crore came from transportation of 48.79 million tonnes of coal, followed by Rs. 738.58 crore from 10.35 million tonnes of iron ore for exports, steel plants and for other domestic user, Rs. 876.12 crore from 11.05 million tonnes of cement, Rs. 744.77 crore from 5.24 million tonnes of foodgrains, Rs. 409.49 crore from 3.55 million tonnes of petroleum oil and lubricant (POL), Rs. 506.98 crore from 3.37 million tonnes of Pig iron and finished steel from steel plants and other points, Rs. 313.09 crore from 3.10 million tonnes of fertilizers, Rs. 139.51 crore from 1.56 million tonnes of raw material for steel plants except iron ore, Rs. 393.70 crore from 3.85 million tonnes by container service and Rs. 630.04 crore from 7.46 million tonnes of other goods. 
Source - PIB

RVNL Celebrates its 10th Annual Day Function


The Minister of Railways, Shri Pawan Kumar Bansal inaugurated the 10th Annual Day Celebrations 2013 of Rail Vikas Nigam Ltd. (RVNL), a PSU of Ministry of Railways last week. Also present among others on the occasion were Chairman Railway Board, Shri Vinay Mittal, Member Engineering Railway Board, Shri Subodh Jain and Chairman & Managing Director, Shri Satish Agnihotri. Railway Minister also presented trophies to select RVNL employees for their spectacular achievements. 




Rail Vikas Nigam Ltd. (RVNL), a Public Sector Undertaking (PSU) under Ministry of Railways, was created with the twin objectives of raising extra budgetary resources and implementation of projects relating to creation and augmentation of capacity of rail infrastructure on a fast track basis. The Company was incorporated on 24th January 2003 and became fully functional with the appointment of all Directors of Board by March 2005. Speaking on the occasion, the Railway Minister, Shri Pawan Kumar Bansal said that it is indeed commendable that within a short period of time, RVNL has grown into a Company with a turnover of over Rs. 2100 crore and a major provider of rail infrastructure in the country. This has been achieved with a lean organization of 375 employees, indicating a high level of productivity, which needs to be emulated. He said that this PSU provides a paradigm of an ideal PPP route for executing railway projects. He said that RVNL has been managing its resources and finances very efficiently to achieve targets, which is remarkable. Shri Bansal said that RVNL has successfully undertaken several capacity augmentation works of newline construction, doubling and third line, gauge conversion, electrification, port-connectivity and of workshops across the country. 

 

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