Railway Accounts Department Examinations

Showing posts with label Vision 2024. Show all posts
Showing posts with label Vision 2024. Show all posts

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 


  1. 2022-23 Actual Freight - 1512 MT  (against the target of 1700 MT)

  2. 2023-24 Freight Target - 2400 MT  

  3. 2030 Year - Target 45 % of Total Freight Traffic (at present 27%) 

  $$$$ end $$$