The Indian Railways has directed its zones to dispose all scrap and generate additional revenue from its sale.
"Earnings from sale of scrap not only augments railways' revenue but also helps in keeping tracks, stations, workshops, depots neat and tidy. In this regard the ministry has directed all zonal railway and production units to achieve zero scrap balance by the end of March 2018," a statement said.
General managers of all the zones have been advised to regularly monitor this activity and to intensify supervision at the senior officers level to promptly identify scrap and offer it for e-auction.
According to data from the Railway Ministry, total scrap sales till December 2017 in the current financial year has reached Rs 1,837 crore which is 22% higher than the corresponding sales of Rs 1,503 crore up to December 2016 of the year 2016-17.
Published 23 January 2018, 13:30 IST