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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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