Indian Railway Freight Activity (IRFA) Index has been introduced by Dun & Bradstreet and Jupiter Wagons

Indian Railway Freight Activity (IRFA) Index has been introduced by Dun & Bradstreet and Jupiter Wagons.
IRFA Index is aimed at providing a data-driven assessment of the dynamics of Indian Railway freight activity.
It combines factual data obtained from the Ministry of Railways with survey responses from railway freight users.
IRFA Index consists of two vital sub-indices-the activity sub-index and the experience sub-index.
The activity sub-index is based on data released by the Indian Railways.
The experience sub-index is based on a survey of railway freight users for the current quarter.
The survey also assesses the level of optimism of railway freight users for the forthcoming quarter.
The index combines quantitative data with qualitative feedback from users. Its value ranges from 0-100.
A value of 50 is the neutral level of railway freight activity on a year-on-year basis.
Dun & Bradstreet is a global leader in business decisioning data and analytics.
Jupiter Wagons Limited is an Indian private manufacturer of railway freight wagons. It is headquartered in Kolkata, West Bengal.