Dual freight policy for transporting iron ore, pellets discontinued
Q. The Ministry of Railways has discontinued dual freight policy for transportation of which item(s)?- Published on 11 May 16a. Iron Ore
b. Iron Ore pellets
c. Both a and b
d. Neither a nor b
ANSWER: Both a and b
The Ministry of Railways has finally yielded to industry's demand and discontinued the dual freight policy for transportation of iron ore and iron ore pellets.
- This policy came into effect from May 10th
- The decision that is likely to result in a boost in the movement of iron ore, was hailed not only by trade and industry but zonal railways as well.
- Under the dual freight policy, transportation costs for iron ore or iron ore pellets meant for export were higher than that for loads meant for domestic use.
