Team News Riveting
New Delhi, April 7
Indian Railways has achieved highest ever scrap sale in Financial Year 2020-21.
Through this sale, Indian Railways earned total Rs 4573 crore during the financial year 2020-21 compare to Rs 4333 crore during the corresponding period of previous year. The growth registered is 5.5 per cent higher over last year.
This is the previous best was Rs 4409 crore in 2009-10. Indian Railways makes all out efforts to optimally utilise resources by mobilising scrap materials and sale through e-auction.
Generation and sales of unserviceable/scrap railway material is an ongoing process and is monitored at highest level in Zonal Railways and in Railway Board. Railway administration makes all out efforts to mobilise scrap materials and sale through e-auction. In construction projects, scrap is normally generated in Gauge Conversion projects.
Released Permanent Way items being offered for scrap are not reusable on track. These are disposed off in accordance with the Codal provisions of Railways.
