2021
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ministry of Commerce
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Ministry of Coal
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Ministry of Agriculture
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Ministry of Railways
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Detailed explanation-1: -Q. ‘Freight Business Development Portal’, which was making news, was launched by which Union Ministry? Notes: Union Minister of Railways Piyush Goyal has recently launched the Freight Business Development Portal.
Detailed explanation-2: -About the Portal: This first of its kind dedicated Freight portal will ensure that all operations stay customer centric, reduce the costs for logistics providers, provide online tracking facility for suppliers and also simplify the process of goods transportation.
Detailed explanation-3: -Business Development Units have been created in all the zones of Indian Railways for attracting the new traffic and increasing the rail share in the existing stream of traffic. These BDUs will interact with the industries and will facilitate them for carrying the consignments by rail.
Detailed explanation-4: -In the 1920s, when the Acworth Committee recommended a separate budget for railways, the objective was a modern railway infrastructure.
Detailed explanation-5: -In addition, a freight revenue of ₹14, 573 crore, up 13% from ₹12, 914 crore in December 2021, was generated. Indian Railways said it aims to attain 2, 000 MT by 2023–2024 after reaching 1, 400 MT in the previous financial year.