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Indian Railways aims to make ₹5,400 crore from scrap sales in fiscal year 2024-25. This is 3.8% above the ₹5,200 crore scrap sale target for FY 2023-24. “Action Plan may be prepared to achieve the scrap sale target. Further, Railways and its production units should maintain a target of zero scrap balance and there should be no fresh arising of more than two months old,” a Railway Board order said.
Northern Railways, which set a record high scrap sale of ₹514.06 crore in fiscal 2023-24, has been assigned to earn ₹530 crore in the current year.
The production and sale of non-serviceable or scrap railway material is a continuing process. Scrap is typically generated in construction projects during gauge conversion. Released Permanent Way items that are being sold for scrap are not reusable on the track. Scrap rails and P-Way materials, such as sleepers, fixtures, and fastenings, fish plates, condemned coaches, locomotives, and waggons, among others.
Besides this, different types of ferrous scrap, bogies, bogie frames, couplers, empties, turnings, and borings, cut odds and ends of metal, and sweepings that accumulate in Railway Workshops are sold as scrap. Railway scrap also includes used batteries, electrical items like fans, unserviceable compressors, motor generators, tube light fittings, and nonferrous materials.
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