New Delhi, Nov 23 (UNI) In a significant move to accelerate the growth of railway freight traffic in core sectors like steel and coal, the Railway Ministry today decided to set up two working groups in collaboration with SAIL and Coal India Limited (CIL) to set up working groups to chalk out a long term strategy in this regard.
The decision was taken at a meeting held by Railway Board Chairman K C Jena with Steel Authority of Indian Limited (SAIL) Chairman S K Roongta and CIL Chairman P S Bhattacharyya here.
The meeting was held to discuss future prospects of growth of railway freight traffic in both the coal and steel sectors.
Mr Jena said the two working groups, set up separately for each sector and comprising officers from the Railway Board, CIL and SAIL, would prepare long-term strategies, taking into account the scenarios in both coal and steel sectors.
''This is expected to provide a platform for taking proper investment decisions and equipping the Railways to meet the growing demands in both sectors,'' he added.
The meeting deliberated on anticipated growth in the 11th Five-Year Plan and beyond.
During the meeting, various important issues like reducing detentions to rolling stock and loading and unloading activities and developing new areas for movement of raw materials were also discussed.