New Delhi, Oct 17, 2022, By Special Correspondent

New Delhi, Oct 17: Indian Railways has registered remarkable scrap sale in first six months of this Financial Year 2022-22.

Through this sale, Indian Railways earned total Rs 2,582 crore till Septembe compared to Rs 2,003 crore during the same period of last FY 2021-22 which is 28.91% higher.

The target for earnings through sale of scraps for the financial year 2022-23 has been fixed at Rs. 4,400 crores.

Ferrous scrap of 3,93,421 MT was disposed in 2022-23 as compared to 3,60,732 MT in 2021-22. Also 1,751 wagons, 1,421 coaches and 97 locos were disposed in 2022-23 as compared to 1,835 wagons, 954 coaches and 77 locos in 2021-22 up to September.

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. 

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, an official release said.