Daily Current Affairs Article 18th January 2021: The Ministry of Railways has approved a new iron-ore policy governing the allocation of rakes and transportation of iron-ore.
This new policy has been named as Iron-ore Policy 2021 and shall come into effect from February 10, 2021.
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The provisions of the new policy will be updated in the rake allotment system module by the Centre for Railway Information Systems (CRIS).
Scrutiny of documentation by Railways has been removed.
Executive Director Rake Movement of Railway Board (EDRM) office, Kolkata which has been sanctioning programmes for movement of iron-ore traffic will have no regulatory role in the new policy.
Customers now desirous of moving their traffic under any priority will have to give (an) undertaking that they have procured, transported and utilized materials as per rules and regulations of Central and State Governments.
Higher priority will be given to the movement of iron-ore traffic for domestic manufacturing activity. Within the domestic movement of iron-ore traffic, priority preference will be given to steel, pig iron, sponge iron, pellet, or sinter plant owning customers having their own private sidings at both the loading as well as unloading ends.
The categorization of priority of movement of iron ore has now been based on the availability of railway infrastructure developed by the customer, for loading or unloading, and the nature of movement between various types of sidings with a view to maximize iron-ore movement by rail.
Old and new plants will be treated similarly as far as allotment and loading of rakes is concerned.
