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Home News

Railways earns record Rs 4573 cr by selling scrap

by Janam Web Desk
Apr 7, 2021, 08:09 pm IST
in News, Business, India

Indian Railways has earned record Rs 4573 crore by selling scrap in Financial Year 2020-21.

During 2019-20, the Railways earned Rs 4333 Cr, Ministry of Railways said in a statement. Indian Railways makes efforts to optimally utilise resources by mobilising scrap materials and sale through e-auction.

Generation and sales of unserviceable/scrap railway material is an ongoing process and is monitored at 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.

Tags: Ministry of Railwayse-auctionselling scrapscrap materialsMAINFEATUREDIndian Railways
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