
For the record, the Railways fell short of its freight loading target in the last fiscal by 17 million tonnes forcing Banerjee to scale down this fiscal’s target from 910 million tonnes to 880 million tonnes.
Trying to cash in on the Railways’ formidable property bank, Banerjee said land along the new freight corridor would be put to productive use and also said the Railway operator would resume issuance of tax-free bonds.
She also said the Railways would build a 1,000 MW electricity plant to power electric locomotives and look at introducing double-decker trains and take advantage of the fibre-optic communications network.