Tag: Railway Freight
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Railway Budget: Freight hiked on Coal, Iron & Steel Transport
The government has hiked freight rate by 6.3 percent for coal, 10 percent for urea, 0.8 percent for iron & steel and 2.7 percent for cement companies. However, freight rate is lowered by 1 percent for high speed diesel. The government is eyeing to rake in Rs 1.21 lakh crore in FY16 versus Rs 1.06 lakh crore in FY15. Commodity…