RAILWAY MINISTRY RAISES AUTO FREIGHT RATES

The Ministry of Railways has raised the freight rates for the transportation of automobiles on most of its modern automobile-carrier wagons, Business Standard has learnt.

- DHRUVAKSH SAHA

This is in contrast to the government's efforts to become India's preferred automobile carrier.

These rates have become effective starting Friday and will remain valid till May 2024.

After keeping the rates unchanged for two years to attract more traffic, the railway board, according November 30 circular, revised rates for vehicles transported on its regular and high-speed newly modified goods (NMG) wagons. In 2022, the national transporter had said the 2021 revision in freight rates was done to encourage short-distance automobile traffic.