Short Lead Traffic
Sources: Rate Circular 16 of 2020 and Corrigendum-1 to RC 16/2020 dt. 05.08.2020. Validity is extended from time to time. Presently it is extended up to 31.12.2024 vide Corrigendum No. 05 dt. 22.12.2023
Salient Features:
Up to 100 KMs
Agreement Period: Maximum 10 Years
Applicable for all Traffic (except Coal & Coke, Iron Ore, Military Traffic, Rail Material Consignments and Container Traffic )
Permitted Distance slab and Freight Concession as follows,
The applicable concession as mentioned above shall be given on Normal Tariff Rate (NTR).
This concession shall not be available with any other concession. (except 6% concession on freight applicable to traffic booked to and from the North East region).
CRIS has developed necessary modifications in FOIS.
The agreement shall have a clause of enhanced loading commitment supported with Bank Guarantee. Depending upon the commitment, the percentage concession may vary from the rates mentioned in above referred Rates Circular.
Zonal Railways must assess the concession vis-a-vis the additional traffic and revenue projections to determine the rate of concession.
Zonal Railways shall evaluate the fulfillment of committed traffic and revenue projections annually, and realize the unmet revenue from customer or from Bank Guarantee at the end of year.
Zonal Railway shall get the MIS report designed in TMS through FOIS/CRIS before effecting the agreements, so as to get data on traffic, revenue and concession given for assessment of performance