Railways ferries 124-mt freight in Nov, clocks 5% rise since last year

Officials peg FY23 freight between 1500-1550 mt

The Indian Railways, which was witnessing freight growth upwards of 8-9 per cent every month this financial year (2022-23, or FY23), saw its second consecutive month of tepid growth in November. The national transporter carried 123.9 million tonnes (mt) of goods during the month, registering a 5 per cent increase against last year, according to the provisional data furnished by the Ministry of Railways.

“On a cumulative basis from April-November, freight loading of 978.72 mt was achieved against last year’s loading of 903.16 mt during the same period — an improvement of 8 per cent. The Railways has earned Rs