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SCR Registers Massive Scrap Sale of Rs. 411 Crores During the Current Financial Year 2023-24

South Central Railway accomplished a significant achievement in the ‘Mission Zero Scrap’ by registering a whopping Rs. 411.39 crores revenue through scrap sale during the current financial year 2023-24. The zone has surpassed the target set by Railway board for the financial year and has recorded an increase in revenue as compared to the previous financial year (2022-23) which was Rs 391 crore. SCR has been spearheading in optimal utilization of resources by mobilising scrap sales and undertaking sales through e-auction conducted o­nline through Indian Railways E-Procurement System (IREPS) portal.

The e-auction process has improved the transparency and competitive bidding amongst the Bidders across India and has ensured paperless transaction, as part of Digital India concept. This has further cut down the erstwhile middlemen who existed during the manual auctions. E-auctions have improved participation and reduced grievances of purchasers drastically.

The Materials Management Department of SCR has shouldered the Project, “Mission Zero scrap” and has been ensuring that no scrap is accumulated for more than a month’s time or a truck load quantity. This has contributed to cleaning up of workshops, various Railway units and premises, converting every scrap material into financial resource for the exchequer. This project also largely contributed to the “Swatch Bharat Abhiyan” of Government of India.

Shri Arun Kumar Jain, General Manager, SCR complimented the team of the Materials Management Department for their commendable efforts in achieving this significant milestone. He stated that the e-auction process has had a transformative impact in enhancing transparency and streamlining business operations. He stated that this digital approach has narrowed the gap between Railways and bidders. Further, the General Manager urged officers and staff to persist in their endeavours, aiming for even greater accomplishments in the future.

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