Indian government plans to increase freight traffic to 45% by 2030


India’s National Rail Plan aims to increase the share of freight traffic by rail from the current share of 27 per cent to 45 per cent by 2030, according to the Indian ministry of railways. The plan also includes the construction of dedicated freight corridors (DFCs) as an important policy measure to arrest the trend of falling market share of railways in the country.

The National Rail Plan seeks to shift the advantage of market share in favour of rail transport, ministry of railways said in a press release.

India’s National Rail Plan aims to increase the share of freight traffic by rail from the current share of 27 per cent to 45 per cent by 2030, according to the Indian ministry of railways. The plan also includes the construction of dedicated freight corridors as a key policy measure to arrest the trend of falling market share of railways in the country.

The DFC operation will bring-in efficiency in freight operation and enable rail tariff being more competitive because of its following operational/design features: higher throughput per wagon and per train to run heavy haul trains with overall load of 13000 tonne; lower energy consumption to reduce operation and maintenances costs; and reduction in transit time to reduce logistic cost of transportation and better utilisation of rolling stock.

Moreover Indian Railways has taken a number of multi-pronged strategies to increase its modal share in freight segment which includes tariff rationalisation and tariff/freight incentive schemes, including diversification of freight basket, liberalised Automatic Freight Rebate Scheme in Traditional Empty Flow Directions, rationalisation of station to station rates policy, Rationalisation of Merry-Go-Round, concession in short lead traffic, discount in freight to fly ash traffic booked in open/flat stock and covered wagons, round trip charging for ultra-short lead (up to 50 kilometres) container traffic, Round Trip Traffic (RTT) Policy, Automobile Freight Train Operator Scheme (AFTO), and Introduction of Cube Container for two wheeler traffic.

A New ‘Gati Shakti Multi-Modal Cargo Terminal (GCT)’ policy has also been launched to facilitate development of cargo terminals on non-railway land, as well as on railway land (partially or fully) etc.

In addition, various other schemes have also been introduced to attract private investment in general purpose wagons, special purpose/high-capacity wagons, and automobile carrier wagons etc.

Fibre2Fashion News Desk (DP)




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