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Designed to help the candidates appearing the Appendix 3, LDCE, 70% etc of Railway Accounts
Monday, January 6, 2025
Wednesday, May 31, 2023
Freight Target 2024 MT - Year 2024 - Vision 2024
Vision 2024 - Year 2024 - Freight 2024 MT
FY 2023-24 - Target 2024 Million Tonnes (as per Vision 2024 document - click here)
FY 2022-23 - Actual Freight - 1512 MT (Target is 1700 MT)
5.5 MT per day - Ambitious target fixed by Indian Railways (in 2022-23, it was 4.15 MT per day) - Expected a tremendous growth rate of 32 %
Coinciding the Year 2024 with a target of 2024 MT
Year | Freight Loading (in MT) | % |
2017-18 | 1160 | |
2018-19 | 1222 | 5 % increase |
2019-20 | 1208 | 1 % decrease |
2020-21 | 1231 | 2 % increase |
2021-22 | 1418 | 16 % increase |
2022-23 (Target) | 1512 | 7 % increase |
2023-24 (Target) | 2024 | 32 % increase |
Target for Indian Railways - modal share of 45 % of Total Freight Traffic by the Year 2030 as per NITI Aayog ( In 2018-19 IR’s modal share is 27 % only)
Share - Mode of Transport - 2018-19 Year
Mode | Share | Tonnes (in Millions) |
Roads | 64 % | 2912 |
Railways | 27 % | 1222 |
Coastal Shipping | 5 % | 234 |
Pipeline | 2 % | 84 |
IWT - Inland Water Transport | 2 % | 72 |
Total | 100 % | 4524 |
Key Points for MCQ
2022-23 Actual Freight - 1512 MT (against the target of 1700 MT)
2023-24 Freight Target - 2400 MT
2030 Year - Target 45 % of Total Freight Traffic (at present 27%)
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