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Freight Incentive Scheme

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Summary

Freight Incentive Scheme continuation of the existing agreement in the light of this revised Freight Incentive Scheme,

Text of the circular

GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) RAILWAY BOARD

No. TCR/1078/2014/02 New Delhi, dated: 23.06.2015

General Managers All Zonal Railways.

Sub: Freight Incentive Scheme

(a) Automatic Freight Rebate Scheme for traffic loaded in Traditional Empty Flow Directions

(b) Incentive Scheme for Freight Forwarders

Ref: Board’s letter of even number dated 16.06.2015 (Rates Master Circular/FIS/2015/0)

In terms of Rates Master Circular under reference, the guidelines for revised Freight Incentive Schemes were issued.

Please refer to sub-para 3 of Para 2.0 of the above referred Rates Master Circular which reads as “In case any Zonal Railway has entered into an agreement with any customer as per the prevalent Freight Incentive Scheme(s), the same will lapse after the expiry of the validity period of the agreement. In case, the scheme mentions a review to be done, then review may be done and the scheme be lapsed. If Zonal Railways notice any inconsistency in continuation of the existing agreement in the light of this revised Freight Incentive Scheme, they may refer the matter to Railway Board for clarification alongwith full details”.

It is further directed that the word ‘agreement’ appearing in the above para, in this context, shall cover among other things, any letter/communication in writing given to a party conveying Railway’s approval for its participation in any of the Freight Incentive Schemes that were in vogue till 16.06.2015.

This issues with the concurrence of Finance Directorate of the Ministry of Railways.

All concerned may be advised accordingly. \ Sole ही ive a ( Lata Kumari) Director, Traffic Commercial (Rates) Railway Board No. TCR/1078/2014/02 New Delhi, dated: 23.06 .2015

Copy for information: -

1. FA & CAOs, All Indian Railways

2. Deputy Comptroller and Auditor General of India (Railways), wey.

\y

For Financial Commissioner (Railways) Copy to: CCMs, All Zonal Railways.

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