An indent is a booking demand raised by a customer seeking to use the railway wagons for transporting commodities.
The Indian Railways is proposing to tighten wagon booking norms for freight movement, in a crackdown against ‘indent mafia’.
An indent is a booking demand raised by a customer seeking to use the railway wagons for transporting commodities.
The Railways is now proposing to penalise those furnishing false information. It had earlier made submission of Letter of Credit (LC) details mandatory for placing indent for goods traffic for Bangladesh.
“It was brought to our notice that indents were placed well in advance to corner wagon availability. These ‘indent mafia’ of sorts would then sublet the wagons, at a premium, to exporters desperately seeking to move their goods to Bangladesh,” a senior government official told ET.
The move comes following representations from exporters about large pendency of indents with the railways for Bangladesh. The ministry of commerce and industry had also taken up the issue and sought a review of the policy.
