Indian Railways earned over Rs 2500 Crore through scrap sales till September
Indian Railways makes all-out efforts to optimally utilise resources by mobilising scrap materials and selling through e-auction
Indian Railways has registered remarkable scrap sales in the first six months of this Financial Year 2022-22. Through this sale, Indian Railways has earned a total of Rs 2582 Crore till September 2022 compared to Rs 2003 Cr. during the same period of last FY 2021-22 which is 28.91% higher. The target for earnings through the sale of scraps for the financial year 2022-23 has been fixed at Rs. 4400 crores.
| Particular | FY: 2021-22(Rs in Crores) | FY: 2022-23(Rs in Crores) |
| Target | 4100 | 4400 |
| Proportionate Target upto Sept | 1845 | 1980 |
| Cumulative sales upto Sept | 2003 | 2582 |
Ferrous scrap of 3,93,421 MT was disposed in 2022-23 as compared to 3,60,732 MT in 2021-22. Also 1751 Nos. of wagons, 1421 Nos. of coaches and 97 Nos. of locos were disposed of in 2022-23 as compared to 1835 Nos. of wagons, 954 Nos. of coaches and 77 Nos. of locos in 2021-22 upto Sept.2022.
Indian Railways makes all-out efforts to optimally utilise resources by mobilising scrap materials and sales through e-auction.
Generation and sales of unserviceable/scrap railway material is an ongoing process and are monitored at the highest level in Zonal Railways and in Railway Board. 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.
Disclaimer: This is an official press release by PIB.
