Rlys expects passenger load to increase by 50% in 10 yrs

Rlys expects passenger load to increase by 50% in 10 yrs

NEW DELHI: The number of passengers travelling by train is likely to increase by 50% in the next 10 years while freight loading is likely to go up by 300% by 2031, as per estimates projected in the draft National Rail Plan released on Friday. The plan also proposes to eliminate waiting lists in passenger trains by augmenting train services.
As per the document, the railways would require around Rs 38 lakh crore investment in the sector for augmentation of infrastructure, rolling stock and other facilities. The plan includes three new dedicated freight corridors, seven new bullet train corridors, laying of new lines and a host of projects to upgrade the existing network.
“The document has been put in the public domain for consultation. We will finalise it by January-end. The plan has been prepared to meet the demand till 2051,” Rail Board CEO and chairman VK Yadav said. In 2018, a total of 8 billion passengers travelled by trains and the draft plan has estimated this to touch 12 billion by 2031 and 19.2 billion by 2051. Similarly, the annual freight loading, which was around 1,200 million tonnes in 2018, is estimated to touch 3,500 million tonnes by 2031. “Our target is to increase the modal share of freight by train to 45% in the next 10 years from the current 27%,” Yadav said.
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