With ₹422.20 crores from scrap sales, Northern Railway achieves unmatched financial efficiency and sustainability in FY 2024-25.
Northern Railway has achieved a significant milestone in financial efficiency and sustainability by earning ₹422.20 crores through scrap sales in FY 2024-25, setting a new record among all zonal railways and production units of Indian Railways. This accomplishment surpasses the target of ₹371 crores set until December and represents a 21.17% increase over the corresponding period of the previous fiscal year.
Top Performer in Scrap Sales
Under the leadership of Shri Ashok Kumar Verma, General Manager of Northern Railway, the zone has become the first in Indian Railways to cross the ₹400 crore mark in scrap sales. It also set intermediate records by reaching ₹100 crores in June 2024 and ₹200 crores in August 2024.
This achievement underscores Northern Railway’s consistent focus on revenue generation through efficient asset management and disposal.
Strategic Scrap Disposal
Northern Railway’s comprehensive approach to scrap disposal has been key to this success. The disposed scrap includes rail pieces, sleepers, tie bars, and other materials that could pose safety risks if left near railway lines. Moreover, abandoned structures such as staff quarters, cabins, sheds, and water tanks have been demolished on a mission mode.
This initiative has not only generated substantial revenue but also cleared valuable space for more productive railway activities and prevented the misuse of these old structures by miscreants.
Safety and Cleanliness Prioritized
The disposal of scrap sleepers and other accumulated materials has freed up significant areas, improving operational efficiency and safety. This effort reflects Northern Railway’s commitment to maintaining neat and safe working premises while contributing to its revenue goals.
Aiming for ‘Zero Scrap’ Status
Northern Railway is pursuing a ‘Mission Mode’ operation to achieve a ‘Zero Scrap’ status. With continued focus and innovative measures, the zone aims to set an all-time high scrap sale record by the end of FY 2024-25. This remarkable achievement demonstrates Northern Railway’s leadership in asset optimization and its contribution to a sustainable and efficient rail network.
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