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Railways withdraw concessions partly to exported iron ore

 
 

With effect from Feb -1, Railways has withdrawn rail freight concessions partly. It has reduced the rebate from Rs.100 per tonne in rail freight. With a rake carrying around 3500-4500 tonnes, Railways can garner around Rs.4 lakh a rake. It may be noted that earlier railways was offering a rebate of around 50% to iron ore.

 

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