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| Date | 2021-03-31 |
|---|---|
| Type | Corrigendum |
| Topic | freight |
| Directorate | Traffic Commercial |
| Currency | Currency not verified |
| Official PDF | indianrailways.gov.in |
(Corrigendum No.3 to Rates Master Circular/E-Payment/2014/1) and (Rates Master Circular/E-
Important Policy Measures for Freight Customers as on 31.08.2022 To promote movement of goods traffic through railways, Ministry of Railways have taken a number of freight policy measures. More relaxations have been provided to the customers by slew of incentives announced by Indian Railways. These incentives are expected to boost the economy of the country. Details of the initiatives duly referring circular/policy letter are given below. For details of the initiatives, customers may visit the Traffic Commercial Directorate of Indian Railway’s website (www.indianrailways.gov.in). Customers may get in touch with Sr. Divisional Commercial Manager at division level or Chief Commercial Manager (FM) at zonal railway level for any freight traffic related query. Customers may also visit the website of FOIS (www.fois.indianrail.gov.in) to know more about freight traffic and policies. A. FREIGHT INCENTIVE SCHEMES: i) Automatic Freight Rebate Scheme for traffic loaded in Traditional Empty Flow Directions (TEFD)- Railway identifies the routes where it operates a certain number of empty wagons annually. In a endeavor to convert these empty movements to loaded, it offers discounted freight in these empty flow routes, i.e. 15% to 20% discount on applicable NTR. Discount is granted automatically through system on Railway Receipts itself, i.e., no action to be taken by customer. Details of notified routes and terms & conditions are as per the Rates Circular no.13 of 2021 and further extended vide Corrigendum no.5 to Rates Circular no.13 of 2021. (Rates Circular No.13 of 2021 dated 31.03.2021 and Corrigendum no.5 to Rates Circular no.13 of 2021.) ii) Long Term Traffic Contract (LTTC) is a policy which provides freight stability to its customer in the current year of the agreement. It also offers rebate in freight based on incremental growth in Gross Freight Revenue GFR as well as for retention of traffic volumes. Freight rebate is also available for retention of GFR in each year of the agreement period. Customers are required to apply for and sign contracts with Zonal Railways to avail this scheme. (Rates Circular No.14 of 2017) iii) Busy Season Charge which was levied during October-June (with some exceptions) @15% on all goods traffic has been withdrawn from 01.10.2019 for all traffic; except Iron Ore and POL traffic. This has provided a direct huge reduction in freight charges. (Corrigendum No.1 dt.12.09.2019 to Rates Master Circular/Dynamic Pricing Policy/2015/0) iv) Revised Round Trip Tariff (RTT) policy has been implemented from 24.10.2020 and will remain valid upto 23.10.2021. Under this policy, freight discount is granted to traffic if customer offers to book traffic in onwards as well as return direction. The return traffic under this traffic is charged at lower of the two classes of onward vis a vis return traffic, effectively both onwards at return traffic/commodities are charged at lower class among these, subject to terms and conditions applicable, except for coal and coke for which maximum discount is capped at 10%. Rail users desirous of availing incentives under RTT policy shall be required to apply to Zonal Railway. (Rates Circular No.27 of 2020) v) Incentive to Fly Ash: 40% discount in freight is granted to fly ash traffic booked in Open Stock; both in bagged condition as well as bulk/loose condition. Fly ash loaded in flat wagons is also granted 40% concession, if loaded in bagged condition. Fly ash in covered wagons in bagged condition is now charged at Class LR1. (Rates Circular No.09 of 2020 and its corrigendum No.1 dt.03.08.2020) vi) Short lead concession has been re-introduced from 01.07.2020 under which discount in freight at the rate of 50%, 25% and 10% is granted to the traffic booked upto 0-50KM, 51-75KM and 76-90 KM respectively except Coal & Coke and Iron ore traffic. Further, Zonal Railways have been empowered to get into long term contract
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