Latest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Railways introduces uniform 90-Paise GTKM rate to cut cement transportation costs and boost affordable housing: Vaishnaw – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Railways introduces uniform 90-Paise GTKM rate to cut cement transportation costs and boost affordable housing: Vaishnaw – World News Network
Business

Railways introduces uniform 90-Paise GTKM rate to cut cement transportation costs and boost affordable housing: Vaishnaw – World News Network

worldnewsnetwork
Last updated: November 19, 2025 12:00 am
worldnewsnetwork
Share
SHARE

New Delhi [India], November 19 (ANI): Union Railway Minister for Railways Ashwini Vaishnaw announced a major reform aimed at reducing cement transportation costs across the country, a step expected to directly benefit middle-class families constructing homes.
Speaking to the media on Tuesday after an event on the Bulk Cement Terminal Policy and Container Rate Rationalization, the minister highlighted that the Railways has introduced a uniform transportation rate of 90 paise per GTKM for bulk cement movement.
He stated, “Today, the cost of cement is a major factor in the dream of middle-class families building their own homes. In an effort to reduce the cost of cement transportation, the Railways has implemented a major reform that allows for bulk cement transportation.”
GTKM stands for “Gross Tonne-Kilometre.” It is a standard measure used in the railway and freight industry to calculate transportation charges.
So, 1 GTKM is equal to transporting 1 gross tonne of load for 1 kilometre. When the Railways say the rate is 90 paise per GTKM, it means, for every one gross tonne of cement transported over one kilometre, the charge is Rs 0.90. This helps standardise freight charges and makes cost calculations simpler and more transparent.
Vaishnaw said that over the past ten years, Prime Minister Narendra Modi has implemented several reforms in the Railways, each contributing to improved efficiency, transparency, and cost reduction.
He noted that cement remains a significant component in home construction, especially for middle-class families, and reducing its transportation cost is essential to making housing more affordable.
To address this, the Railways has developed a special tank container specifically designed for bulk cement movement.
“This tank container can be filled at a cement factory. After filling, it can be transported across the country to wherever consumption is needed,” Vaishnaw said.
He added that this system will substantially bring down the logistics cost involved in cement supply chains.
According to the minister, one of the most important reforms in this initiative is the shift away from the traditional slab-based transportation charges, which had existed “since ancient times.”
The new framework establishes a clear, uniform rate of 90 paise per GTKM, eliminating confusion and bringing predictability to cement logistics planning.
Vaishnaw explained that the uniform rate will provide greater clarity to cement manufacturers regarding the location of cement plants, transportation routes, and unloading terminals. This is expected to lead to better planning, optimized movement of cement, and reduced costs for consumers.
He emphasised that the reform is likely to have a “major impact” on middle-class families building their own homes, as the reduction in transportation expenses will ultimately help in lowering overall cement costs.
The minister said the new tank container system and uniform rate structure represent a significant step forward in rationalizing cement transportation across India, supporting both industry and consumers. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Share This Article
Twitter Email Copy Link Print
Previous Article India’s ATOMESUS AI: A Deep Dive into the Nation’s Ambitious Artificial Intelligence Platform – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Top Writers

Oponion

You Might Also Like

India’s current account deficit expected to rise to 1.7% of GDP in FY26 due to persistent tariff pressures: Union Bank Report – World News Network

India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year…

4 Min Read

Taiwan’s energy strain justifies shifting chip production to US, says former Intel CEO Pat Gelsinger – World News Network

Former Intel Corp. Chief Executive Pat Gelsinger shared concerns over Taiwan's strained energy supply, saying the challenge highlights the need…

3 Min Read

Railways introduces uniform 90-Paise GTKM rate to cut cement transportation costs and boost affordable housing: Vaishnaw – World News Network

Union Railway Minister Ashwini Vaishnaw announced a major reform aimed at reducing cement transportation costs across the country, a step…

4 Min Read

Smarter Water Softening Solutions for a Cleaner Home and Longer-Lasting Appliances – World News Network

New Delhi [India], November 18: If you've noticed limescale around taps or dull laundry, chances are you're dealing with hard…

5 Min Read
Latest World News Update
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?