Railways Earns Record Rs 4573 cr by Selling Scrap
1 min readDelhi, April 7 – Indian Railways has earned a record Rs 4573 crore by selling scrap in Financial Year 2020-21.
During 2019-20, the Railways earned Rs 4333 Cr, the Ministry of Railways said in a statement. Indian Railways makes all-out efforts to optimally utilize resources by mobilizing scrap materials and sales through e-auction.
Generation and sales of unserviceable/scrap railway material is an ongoing process and are monitored at the highest level in Zonal Railways and in Railway Board.
Railway administration makes all-out efforts to mobilize 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 of in accordance with the Codal provisions of Railways.