SOUTH EASTERN RAILWAY
RECORD REVENUE IN SCRAP SALE BY SOUTH EASTERN RAILWAY
BEFORE THE END OF FINANCIAL YEAR
Kolkata, 12th February, 2019
In order to generate additional revenue, South Eastern Railway has earned Rs. 209.36 Crores from Scrap Sale surpassing the proportionate target of Rs. 192 crores set by Ministry of Railways, well ahead of target date.The Scrap Sale by South Eastern Railway in current year has surpassed the entire sale of last year of Rs. 171.80 Crores. Which is 21.86% more than total saleof last financial year. All these scrap materials have been sold in transparent and competitive manner through E-Auction.
This record revenue has been possible due to regular monitoring of this activity and intense supervision at senior officers level for prompt identification of scrap and offering the scrap for E-Auction.
The major component of the Scrap Sale are 25,262 MT of engineering scrap (which includes scrap rails), 11,004 MT of other ferrous scrap, 1455 MT of non-ferrous scrap, 511 Nos. of condemned wagons, 172 Nos. of condemned coaches and 7 Nos. of condemned Diesel Locomotives which have been disposed off so far in current financial year. S E Railway has launched a mission to become scrap free railway.
Earnings from sale of scrap not only increase railway’s revenue but also helps in keeping tracks, stations, workshops and depots neat and clean.