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RAIL TICKET SUBSIDY
Railways spent 45% in subsidy on passenger travel in 2023-24: GovtIndian Railways subsidized passenger travel with Rs 60,466 crore in FY 2023-24. This covers 45% of the travel cost. Rail fares were rationa...
Middle class treated as 'skeleton without soul' in USD5 trillion economy pursuit: AAP leader Raghav ChadhaAAP leader Raghav Chadha criticized the government for neglecting the middle class in its budget, which he claims benefits the wealthy. He ...
Railways gives Rs 56,993 crore subsidy on tickets every year: Ashwini VaishnawThe Indian Railways provide a yearly subsidy of Rs 56,993 crore to passengers, offering a 46 per cent rebate on ticket prices. They also la...
Indian Railways considers inviting private firms to run trains on some routesTo begin with, the railways will experiment by offering two trains to its tourism and ticketing arm, IRCTC, to operate.
'Metro Man' Sreedharan requests PM Modi not to agree to Delhi govt's free travel scheme for womenThe former Delhi Metro Rail Corporation (DMRC) chief has also sought Modi's intervention in the matter.
Wage & pension burden hits Railways operating ratioThe railways is expected to report an operating ratio, a measure of its performance, of about 98.5% in FY18, against the revised 96% announ...
Railways saves Rs 77 crore from 'Give it up' scheme on discounted ratesFrom mid-August in 2016 to March-end in 2018, about 40 lakh senior citizens had voluntarily given up concessions on their rail tickets.
Railways makes Rs 28.98 crore as 17.63 lakh senior citizens give up fare subsidySince July 22 last year, the railways has given senior citizens the option to avail of either the full concession given to them on tickets ...
Over 11 lakh senior citizens gave up ticket subsidy between July- November: Railways5.67 lakh senior citizens gave up 100 per cent of their concession in these four months while 5.81 lakh such passengers gave up 50 per cent...
9 lakh seniors give up ticket subsidy in 3 months, Railways saves Rs 40 croreUnder the scheme launched last year, senior citizens had the option to either avail the full concession provided to them on rail tickets or...
Railways to offer options on senior citizen fare concessionThe Railways bears 43 per cent of the cost of train fare even as the state-run transporter incurs a loss of about Rs 30,000 crore a year in...
Now, government wants you to give up rail fare subsidyThe railways plans to launch the scheme next month. To begin with, railways will offer two "slabs" of subsidy surrender — 50% and 100% of t...
Rail ministry mulling ‘give up’ ticket subsidy moveThe move has been suggested by Niti Aayog, the government’s think tank, as part of strategy to reduce the rail network’s huge subsidy burde...
Know why you may have to shell out more money on rail fares soonIn line with 'GiveItUp' campaign for LPG, PM Modi has asked railways to make people aware of the 'real cost' of fares so that they can surr...
Less than 100 trains likely to get green signal in Railway Budget 2015Prabhu is unlikely to announce many rail projects despite demands from states as several unfinished works are already languishing due to la...
Rail Budget 2014: Hiking fares alone won’t suffice; invest in infra, focus on project completionThe move by the Narendra Modi-led government last week to raise passenger fares was met by sharp protests, especially from Mumbai commuters.
No further hike in train reservation, cancellation chargesRailway Minister Pawan Kumar Bansal today made it clear that there will be no further hike in the near future in reservation or cancellatio...