Target for the financial year surpassed by 26.23%, Railways achieves highest-ever scrap sale in 2020-21
| 9 April 2021 2:22 AM GMT
GUWAHATI: The NFR (Northeast Frontier Railways) has surpassed its yearly target of earnings from sale of scrap items during the last financial year 2020-21. Sale of scrap is done through e-auction. During this period, the NFR earned Rs 94.64 crore from scrap sale surpassing the target of Rs 75 crore by 26.33%. The Northeast Frontier Railway has also surpassed the previous year's scrap-sale earnings of Rs 87.68 crore by 7.97%. This increase in earnings assumes huge significance considering the COVID-related scenario that prevailed throughout last year.
It may also be mentioned here that, Indian Railways has achieved highest-ever scrap sale in Financial Year 2020-21. Through this sale, the Indian Railways earned total Rs 4573 crore during 2020-21 as compared to Rs 4,333 crore during 2019-20 which is 5.5% higher. The previous best was Rs 4409 crore in 2009-10.