HomeIndiaSCR registers fastest scrap sale of Rs. 100 crores in 103 days

SCR registers fastest scrap sale of Rs. 100 crores in 103 days

Hyderabad, July 13 (Maxim News): In a bid to achieve ‘Mission Zero Scrap Zone’, the South Central Railway has recorded a whopping Rs. 100 crore revenue through scrap sales in just 103 days during the current financial year 2022-23.

According to a press release here on Wednesday, the SCR has doubled the scrap sale for the corresponding period of the previous financial year i.e., 2021-22 which was Rs. 52.12 crores.

The SCR has mobilised scrap materials and undertaking sales through e-auction conducted online through Indian Railways E-Procurement System (IREPS) portal.

Foot by foot mapping is being conducted rigorously by all divisions so that all unserviceable scrap materials are offered promptly for sale. It is ensured that no scrap is accumulated either for a month or a truck load of quantity without processing it for disposal. SCR has been disposing condemned Rails and other P-Way items, Railway locos, coaches, wagons, other ferrous and non-ferrous materials accumulated from Divisions and workshops.

This practice has contributed towards clearing out workshops, Loco sheds, Railway Units and premises and the conversion of every scrap material into a financial resource for the exchequer. Many of the workshops, sheds and some divisions have already achieved the “Mission Zero Scrap” and are maintaining the same.

SCR has fully implemented the User Depot Module (UDM) at all stores depots across the zone. All users have been on-boarded and all transactions are being done only through UDM. Through all these initiatives of e-procurement and e-scrap sales the zone has been bestowed with Railway Board Efficiency Shield for best performance in Materials Management continuously for the past 11 years.

Arun Kumar Jain, General Manager (In-Charge) complimented the materials management department officials and staff for their continuous efforts in achieving the fastest scrap sale of Rs. 100 crores within a short period of time.

The General Manager said the e-auction process has improved transparency and ease of doing business. It has also reduced the grievances of purchasers and reduced the gap between Railways and the bidders, he added. (Maxim News)


Next Story :

  • Waqf Board Files Complaint Over Alleged Land Encroachment Near Hyderabad Airport

    Waqf Board Files Complaint Over Alleged Land Encroachment Near Hyderabad Airport

    Hyderabad, Aug 2 (Maxim News): The Pahadi Shareef police have registered a case following a complaint by the Telangana Waqf Board over the alleged encroachment and illegal sale of land belonging to Dargah Hazrath Baba Sharfuddin at Mamidipally, near the Rajiv Gandhi International Airport. Here To Join Us On WhatsApp The complaint was lodged by…


  • Moderate Rain Likely In Hyderabad; Residents Advised To Plan Travel

    Moderate Rain Likely In Hyderabad; Residents Advised To Plan Travel

    Moderate to intense rain is expected across Hyderabad by 6 p.m. Residents are advised to plan travel and avoid waterlogged areas.


  • Four-Year-Old Girl Dies In Lorry Accident At Balanagar

    Four-Year-Old Girl Dies In Lorry Accident At Balanagar

    Hyderabad, Aug 2 (Maxim News): In a tragic incident, a four-year-old girl died after coming under the rear wheels of a lorry at Balanagar on Sunday afternoon. Here To Join Us On WhatsApp According to the police, the victim, Veda Sree, was travelling on a motorcycle with her uncle when she fell from the bike…


  • Reveal The Details Of Terrorists Involved In Kulgam Attack: Farooq Abdullah Demands

    Reveal The Details Of Terrorists Involved In Kulgam Attack: Farooq Abdullah Demands

    J&K/Hyderabad, Aug 2 (Maxim News): It is known that terrorists have recently attacked Kulgam and Anantnag in Jammu and Kashmir. In this context, National Conference Party President Farooq Abdullah has demanded that the details of the terrorists who carried out the attack be disclosed and their identities made public. Farooq questioned where the terrorists are…


  • TV Actor Aditi Sharma Accuses Husband, In-Laws of Domestic Violence, Harassment

    TV Actor Aditi Sharma Accuses Husband, In-Laws of Domestic Violence, Harassment

    Mumbai: Television actor Aditi Sharma, known for her performances in Apollena – Sapno Ki Unchi Udaan, Rabb Se Hai Dua, and Kaleerein, has filed a domestic violence complaint against her husband and two of his family members, alleging physical and mental harassment, assault, and misuse of her bridal jewellery. Here To Join Us On WhatsApp…


Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe.  Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Hyderabad-banner
previous arrow
next arrow

Most Popular

Recent Comments