Thursday, June 30,
Indian Railways have withdrawn the busy route surcharge of 7% on Iron Ore and 5 % on coal effective from 1st July to 30th September.
Impact on freight:
With the withdrawal of the additional surcharge, consumers will now have to pay less by Rs 150-200/MT on freight charges.
In April, Indian Railways had decided to levy a surcharge of up to 7% w.e.f. April 1 to earn a higher freight earning during busy season. However, container traffic had been exempted from any such charge.
Railway considers the entire year barring July-September of every year as busy period due to monsoons season and loading of iron ore and coal declines during this period.
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