The N. F. Railway earned total Rs. 94.64 Cr. during 2020-21 through scrap sale

Maligaon, April 09:  The Northeast Frontier Railway has surpassed its yearly target of earnings from sale of scrap items during the last financial year 2020-21. Sale of scrap is done through e-auction. During this period, Northeast Frontier Railway has earned Rs. 94.64 Cr. from scrap sale surpassing the target of Rs. 75 Cr. by 26.33%.

Northeast Frontier Railway has also surpassed the previous year’s scrap sale earnings of Rs. 87.68 Cr. by 7.97%. This increase in earnings assumes huge significance considering the COVID related scenario that prevailed throughout last year.

It may also be mentioned here that, Indian Railways has achieved highest ever scrap sale in Financial Year 2020-21. Through this sale, Indian Railways earned total Rs 4573 Cr. during 2020-21 compare to Rs 4333 Cr. during 2019-20 which is 5.5% higher. The previous best was Rs 4409 Cr. 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 various levels both 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 works.

Permanent Way items released during track renewal works which are not reusable on track are offered for scrap. Scrap is also generated through other replacement and renewal works & condemnation of assets. These scraps are disposed off in accordance with the Codal provisions of Railways.

What Next?

Recent Articles

Leave a Reply

Submit Comment

*