NEW DELHI : Indian Railways’ freight revenue declined by over a third in April and May, as the coronavirus-led lockdown brought the economy to a standstill.In April-May, earnings from movement of goods declined 38% year-on-year to ₹13,436 crore, railway ministry data showed.
Freight traffic volume was down 28% during the period under consideration to 149 million tonne (mt).In May, freight earnings fell from ₹11,043 a in the year-ago to ₹7,437 crore.
In terms of volume, it fell 21% year-on-year to 82.6 mt.However, movement of goods picked up substantially, compared to April, when freight traffic was 65 mt and revenue was ₹5,999 crore.But earnings per million tonnes declined sequentially to ₹90 crore in May from ₹91.72 crore in April. “If.