Resource detail

Despite a slowing in the economy and a fall in the average lead (the average distance covered by a passenger or a tonne of goods), IR (Indian Railways) expected to exceed the Budget loading target for this financial year, a first in five years, Railway Minister Mr Mallikarjun Kharge said while presenting the interim Railway Budget 2014-15 on February 12 2014. He said this financial year, loading would be at 1,052 million tonnes (mt), against the Budget target of 1,047 mt. The target for 2014-15 has been set at 1,101 mt, the highest in recent times. In 2012-13, loading was at 1,008 million tonnes (mt), against the Budget estimate of 1,025 mt.