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Decline in railway earnings from scrap e-auction

Decline in railway earnings from scrap e-auction

Thursday, April 20, 2017, 11:31 AM

The earnings from the sale of railway scrap on the e-platform have come down subsequently in the last three years. Railways disposed off Rs.2,719 crore of scrap during 2016-17 as against Rs.2,801 crore in 2015-16 and Rs.3,247 crore in 2014-15. A senior Railway Ministry official said scrap generation has declined due to better utilisation of assets and completion of gauge conversion process.
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