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Rs 1,670 Crore Loss To Railways, Says Report

by The Outlooker Web Desk
November 16, 2020
in National
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Rs 1,670 Crore Loss To Railways, Says Report
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The farmers are protesting three farm sector laws enacted by the centre (File)

New Delhi:

The railways has suffered a loss of Rs 1,670 crore in freight earnings alone due to the farmers’ agitation in Punjab that have continued for over 50 days now, resulting in the cancellation of 1,986 passenger services and 3,090 goods trains to the region, sources said on Monday.

Train services remained suspended in the state with the railways rejecting a proposal of the protesters to resume only goods trains. The national transporter suffers an estimated daily loss of Rs 36 crore in freight earnings due to the suspension of services, sources said.

From October 1 to November 15, the railways’ freight loading suffered losses due to cancellations of trains and many trains carrying essentials for Ladakh and Jammu and Kashmir being stranded just outside Punjab.

As many as 520 rakes of coal could not be delivered to the five power plants in Punjab, leading to a loss of Rs 550 crore to the railways, they said.

Other cancelled goods trains include 110 rakes of steel (leading to an estimated loss of Rs 120 crore), 170 rakes of cement (loss of Rs 100 crore), 90 rakes of clinker (loss of Rs 35 crore), 1,150 rakes of foodgrains (loss of Rs 550 crore), 270 rakes of fertiliser (loss of Rs 140 crore) and 110 rakes containing petroleum, oil and lubricants (loss of Rs 40 crore), they said.

Around 600 containers with various kinds of goods meant for the region have also been cancelled which have led to a loss of around Rs 120 crore and the suspension of 70 more goods rakes caused loss of Rs 15 crore.

“While 3,090 goods trains have been cancelled so far, the losses are around Rs 1,670 crore on freight loading alone. We have also cancelled, short-terminated and diverted 1,986 passenger trains so far,” a source in the railway ministry said.

Goods trains have not entered Punjab for one-and-a-half months now, except for two days in late October, leading to a shortage of essential goods, including fertiliser needed for wheat sowing and coal supplies for thermal plants.

The agitating farmers say they have vacated the tracks, but some protesters continued to occupy a few stations.

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The railways has maintained that for resumption of services, it needs 100 per cent guarantee from the state government that no trains will be disrupted and both passenger and freight trains be allowed to operate.

The farmers, however, have said that while they will allow goods trains, they will take no guarantee for passenger trains.

The farmers are protesting three farm sector laws enacted by the central government recently.

Train services in the state have remained suspended since September 24 when farmer organisations organised protests on tracks and station premises against the farm laws.

The three farm laws — the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Act and the Essential Commodities (Amendment) Act, 2020 — were enacted recently.

Farmers’ bodies protesting against the laws have expressed apprehension that these would pave the way for the dismantling of the minimum support price system, leaving them at the “mercy” of big corporate entities. They demand that the laws be withdrawn.

The Centre has asserted that these new laws will be beneficial for farmers and will increase their income.

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The Outlooker Web Desk

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