Railways looks to get up to Rs 2 trillion from freight operations in FY24

National transporter confident of meeting FY23 revenue target

Ahead of the Budget, the ministry of railways might give a substantial push to its freight revenue projections for next fiscal year, Business Standard has learnt.

The national transporter is aiming to earn Rs 1.8-2 trillion in gross traffic receipts (GTR) as freight.

Senior officials in the ministry said the railways had maintained a freight growth rate of over 10 per cent in the past two fiscal years and was poised to achieve the same figure this fiscal year too.

The ministry had targeted 1,475 million tonnes (mt) of freight in the FY23 Budget. So far, the railways has ferried