Saturday, Aug 13, 2022
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | News | Scr Registers Fastest Scrap Sale Of Rs 100 Crore In 103 Days During Current Financial Year

SCR registers fastest scrap sale of Rs 100 crore in 103 days during current financial year

By Telangana Today
Published: Published Date - 03:53 PM, Wed - 13 July 22

Hyderabad: Leading among all the zones on Indian Railways, the South Central Railway (SCR), as part of efforts to achieve ‘Mission Zero Scrap’, has recorded a whopping Rs 100 crore revenue through scrap sales in just 103 days during the current financial year 2022-23.

The zone has doubled the scrap sale for the corresponding period of the previous financial year i.e., 2021-22 which was Rs. 52.12 crore. The SCR has been in the forefront in optimal utilization of resources by mobilising scrap materials and undertaking sales through e-auction conducted online through Indian Railways E-Procurement System (IREPS) portal, a press release said.

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.

The 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, the release said.

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.

Arun Kumar Jain, General Manager (In-Charge) stated that 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.

  • Follow Us :
  • Tags
  • Hyderabad
  • scrap sales
  • South Central Railway
  • User Depot Module

Related News

  • Rains likely to be back in Hyderabad after break

    Rains likely to be back in Hyderabad after break

  • Revanth Reddy apologises for abusive remarks against Komatireddy

    Revanth Reddy apologises for abusive remarks against Komatireddy

  • Hyderabad: Canara Bank conned of Rs.2.71 crore by fake companies

    Hyderabad: Canara Bank conned of Rs.2.71 crore by fake companies

  • Sai Karteek and his partner in final of ITF Men’s doubles tennis tournament

    Sai Karteek and his partner in final of ITF Men’s doubles tennis tournament

  • Ashada Masam, rising interest rates cause dip in property registrations in Hyderabad

    Ashada Masam, rising interest rates cause dip in property registrations in Hyderabad

  • Hyderabad: Rakhis tied to traffic violators on Raksha Bandhan

    Hyderabad: Rakhis tied to traffic violators on Raksha Bandhan

Latest News

  • Kareena opens up on her iconic character Poo having her own movie

    6 seconds ago
  • PM Modi interacts with medal winners of Commonwealth 2022 Games

    10 mins ago
  • Sonia Gandhi tests positive for Covid again

    3 mins ago
  • ‘There will be blood on streets,’ Google execs warn employees about layoffs

    39 mins ago
  • Dos and Don’ts of hoisting the National Flag of India

    55 mins ago
  • NASA asks students to design metal production pipeline on the Moon

    1 hour ago
  • Vikram makes Twitter debut: I feel it’s the right time

    1 hour ago
  • 1 in 4 kids hospitalised for Covid, MIS-C had symptoms for months: Study

    2 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam