Indian Railways achieves highest ever scrap sale in Financial Year 2020-21

Indian Railways has achieved highest ever scrap sale in Financial Year 2020-21. Through this sale, Indian Railways earned total Rs. 4,573 crore (US$ 622.36 million) during 2020-21 compare to Rs. 4,333 crore (US$ 589.70 million) during 2019-20 which is 5.5% higher. This is the previous best was Rs. 4,409 crore (US$ 600.04 million) 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.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.