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Rail Budget: Time tabled freight container or parcel train to be started this year

| | Feb 25, 2016, at 08:11 pm
New Delhi, Feb 25 (IBNS) Minister of Railways Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains – expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity.

The freight basket of Indian Railways is dominated by 10 bulk commodities which enjoy a share of around 88%. Indian Railways should look beyond these to expand revenue base.

A full-fledged market study is being undertaken and detailed supply and demand scenarios, service level and infrastructure requirements will be assessed so that an action plan to re-capture that traffic through either containerization or new delivery models e.g., Roll-on Roll-off, will be developed and implemented.

Network capacity limitations do not allow for running of time-tabled freight trains but from this year a time-tabled freight container, parcel and special commodity trains will be started on a pilot basis.

He also said that the Container sector would be opened to all traffic barring coal and specified mineral ores and part-loads would be permitted during the non-peak season. All existing terminals/sheds would be granted access to container traffic, where considered feasible.

He said that the current tariff structure of Indian Railways has led to out-pricing of freight services. --

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