Indian Railways can help save Rs 1.28 lakh crore annually in diesel costs with its freight & cargo hauling: Ashwini Vaishnaw – Times of India

Indian Railways can help save Rs 1.28 lakh crore annually in diesel costs with its freight & cargo hauling: Ashwini Vaishnaw - Times of India

Minister of Railways Ashwini Vishnu has said that if India successfully moves an additional 1,500 million tonnes of cargo through trains, it can save Rs 1.28 lakh crore annually in diesel costs by 2031. Speaking at the 68th National Railway Awards, Vishnu said that of India Economic development This is expected to result in an additional 3000 million tonnes of cargo being moved within the country by 2031.
According to the minister, Indian Railways This incremental cargo is on track to account for half of the growth, resulting in a reduction in diesel consumption of 16,000 crore liters per year. This will save India Rs 1.28 lakh crore annually, he was quoted as saying by ET.

Despite achieving a record high of 1512 million tonnes of cargo movement during the financial year 2022-23, which represents an increase of 1418 million tonnes from the previous year, Indian Railways currently accounts for India’s total cargo movement. Less than 30% of movement. According to official estimates, most cargo is still transported by road.

Vishnu highlighted the progress in railway infrastructure development, including construction of new tracks and addition of several lines to existing lines. He mentioned the introduction of more than 200 new racks in the last two years as well as the induction of technologically advanced trains like Vande Bharat and Amrit Bharat.

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While Vande Bharat is a semi-high-speed AC service, Amrit Bharat is a push-pull technology non-AC train with advanced features that is expected to be introduced in the coming days.
During the function, Vishnu recognized the outstanding services of 100 railway employees from various zonal railways, production units, and railway public sector undertakings (PSUs).

On India’s economic growth, the minister predicted that the country would become one of the top three economies in the world by 2027, up from its current ranking of fifth.
Vishnu also stressed the importance of eradicating the remnants of colonial mentality among senior railway officers, which he believes still influences working methods and practices. He called for the ruthless elimination of these vestiges of colonial thinking to ensure a modern and efficient railway system.

Business news,Minister of Railways,Railway equipment,Railway cargo,Indian Railway News,Indian Railways,Economic development,Cargo transportation,Ashwini Vishnu
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