Ministry of Railways ‘Iron Ore Policy-2021’

Question: Regarding the ‘Iron Ore Policy’ 2021 ‘of the Ministry of Railways, which of the following is false?
(a) The new policy will be effective from 1 February 2021.
(b) According to the new policy ‚CRIS will change the allocation system of rakes.
(c) Till now EDRM office Kolkata has been planning iron ore transportation program but the new policy has abolished its regulatory role for freight.
(d) Transport of pellets and sinter will also be placed under priority list ‘D’.
Answer – (a)
Related facts

  • Ministry of Railways has recently rolled out a new iron ore policy governing allocation of rakes and transportation of iron ore.
  • It is a landmark policy decision to help Iron and steel industry.
  • Ojbective
  • The Policy aims to attune it to the present day needs of customers and to meet the complete requirement of transportation of iron ore customers and provide total logistics support to steel industry to meet the competitive challenges
  • Highlights of the policy
  • The new policy has been named ‘Iron-Ore Policy 2021’ and is effective from 10.02.2021.
  • According to the new policy ‚CRIS will change the allocation system of rakes.
  • Till now EDRM office Kolkata has been planning iron ore transportation program but the new policy has abolished its regulatory role for freight.
  • Transport of pellets and sinter will also be placed under priority list ‘D’.

Link:
https://pib.gov.in/PressReleseDetailm.aspx?PRID=1689035