Railways ministry nod to new iron ore policy, to come into effect in Feb

Higher priority given to movement of iron-ore traffic for domestic manufacturing

The Ministry of Railways has approved a new iron-ore policy governing the allocation of rakes and transportation of iron-ore.

This new policy has been named as Iron-ore Policy 2021 and shall come into effect from February 10, 2021. The provisions of the new policy will be updated in the rake allotment system module by the Centre for Railway Information Systems (CRIS).

“Scrutiny of documentation by Railways has been removed. Executive Director Rake Movement of Railway Board (EDRM) office, Kolkata which has been sanctioning programmes for movement of iron-ore traffic will have no regulatory role in the new policy. The office