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Posted on July 13, 2010

According to figures recently released, the growth in rail freight in India was slower than expected for May this year.  This was caused by lower than usual industrial growth, which still however remained in double digits.  Freight is the main revenue earner for the railways, which lose money through their heavily subsidized customer fares.  Although the volume of freight increased, the national railway company failed to meet its revenue targets.

 

 

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