TaxTMI 
TaxTMI 
Time Tabled Freight Container /Parcel Train to be Started this Year
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....ime Tabled Freight Container /Parcel Train to be Started this Year <br>Budget<br>Dated:- 25-2-2016<br><BR>The Minister of Railways Shri Suresh Prabhakar Prabhu proposed three solution sets for reversing the trend of declining modal share of freight trains - expanding the freight basket of Indian Railways, rationalising the tariff structure and building terminal capacity. The freight basket of Ind....
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....ian Railways is dominated by 10 bulk commodities which enjoy a share of around 88%. Indian Railways should look beyond these to expand revenue base. A full-fledged market study is being undertaken and detailed supply and demand scenarios, service level and infrastructure requirements will be assessed so that an action plan to re-capture that traffic through either containerization or new delivery ....
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....models e.g., Roll-on Roll-off, will be developed and implemented. Network capacity limitations do not allow for running of time-tabled freight trains but from this year a time-tabled freight container, parcel and special commodity trains will be started on a pilot basis. He also said that the Container sector would be opened to all traffic barring coal and specified mineral ores and part-loads w....
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....ould be permitted during the non-peak season. All existing terminals/sheds would be granted access to container traffic, where considered feasible. He said that the current tariff structure of Indian Railways has led to out-pricing of freight services. A review of tariff policy will be undertaken to evolve a competitive rate structure vis a vis other modes, permit multi-point loading/unloading an....
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....d apply differentiated tariffs to increase utilization of alternate routes. The possibility of signing long term tariff contracts with our key freight customers using pre-determined price escalation principles will be explored which would provide predictability of revenues to Indian Railways and of costs to customers.<BR> News - Press release - PIB....