Tag: Indian Railway Freight rates
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Indian Railways Increase Freight Rates; How will it Impact Steel Industry ?
The Indian Railways has raised its tariffs for bulk commodities such as coal, iron ore and steel by 8.75%. This is expected to raise costs for power producers and steel and its user industries. The increase in freight rate is 8.75%, which will net the railways at least INR 3,300 crore as additional freight revenue…