Railways announce slew of Freight incentives to give boost to economy

Indian Railways have announced certain Freight incentives to give a boost to the economy. The busy season surcharge of 15 per cent on freight, which is levied between 1st of October to 30th June has been deferred.  The five per cent  Supplementary charges applicable on loading on mini and two-point rakes has also been waived off. This is likely to boost loading of smaller cargo sizes and help cement, steel, food grains and fertilizers loading. A discount of 25 per cent in haulage charge of conta...