Indian Railways achieves highest ever scrap scale in FY 2021, earns Rs 4573 crore

Team MyNation   | Asianet News
Published : Apr 07, 2021, 07:13 PM IST
Indian Railways achieves highest ever scrap scale in FY 2021, earns Rs 4573 crore

Synopsis

Indian Railways has achieved highest ever scrap sale in financial year 2020-21. Through this sale, it has earned total Rs 4573 cr  

Bengaluru: As per an Indian Railway ministry report, it has   achieved highest ever scrap sale in financial year 2020-21. Through this sale, it has earned total Rs 4573 cr during 2020-21 compared to Rs 4333 cr during 2019-20 which is 5.5% higher. The previous best was Rs 4409 cr in 2009-10. Indian Railways makes all out efforts to optimally utilise resources by mobilising scrap materials and sale through e-auction.

Generation and sales of unserviceable/scrap railway material is an ongoing process and is monitored at highest level in Zonal Railways and in Railway Board.  Railway administration makes all out efforts to mobilise scrap materials and sale through e-auction.  In construction projects, scrap is normally generated in Gauge Conversion projects. Released Permanent Way items being offered for scrap are not reusable on track. These are disposed of in accordance with the Codal provisions of Railways, the statement added. 
 

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