IRCTC Latest Update: Indian Railways Cancels Over 200 Trains Today. Full List Here

Govt Decides Against Restoring Concessions on Fares for Senior Citizens

Category : Business

Author: Nob6 Team

Post Date :

[ad_1]

New Delhi: In a major development, the Indian Railways has decided against restoring the concessions on fares for senior citizens and sports persons. In a written reply in the Lok Sabha, Railway Minister Ashwini Vaishnaw said the fares in most of the classes were already very low and Railways has suffered a recurring loss due to low fares and concessions to different category of passengers.Also Read – Go First Delhi-Guwahati Flight Diverted to Jaipur After Windshield Cracks: Reports

The minister further added that the Indian Railways was already bearing more that 50 percent of the cost of travel on an average for all passengers including senior citizens on account of lower fare structure for passenger services. Also Read – IRCTC Issues New Rates For Breakfast/Lunch And Dinner on Premium Trains. Check Here

The reply came after the minister was asked whether the Railways was looking to revoke ban on concessions specifically for senior citizens, students and sports persons with the easing of the Covid-19 pandemic. Also Read – Railways Scraps Service Charge on Food Items, But Here’s A Catch. IRCTC’s Latest Circular Inside

Read Ashwini Vaishnaw Statement Below:

“Apart from this, due to COVID-19, passenger earnings for the last two years is less in comparison to 2019-20. These have long-term impact on the financial health of the railways. Cost of granting concessions weighs heavily on the railways, hence extending scope of concessions to all categories of passengers, including senior citizens, is not desirable.

“In spite of these challenges, Indian Railways has continued concession in fare to four categories of persons with disabilities, 11 categories of patients and students,” the minister said.

He also informed that the number of senior citizen passengers travelled in reserved classes during 2019-20, 2020-21 and 2021-22 are 6.18 crore, 1.90 crore and 5.55 crore, respectively.

The minister attributed the decrease in travelling of number of senior citizen passengers during 2020-21 and 2021-22 due to the pandemic.

“In 2019-20, 22.62 lakh senior citizen passengers had opted to give up concession scheme in passenger fare and gave up concessions for the sustained development of Railways with better facilities,” he said.

(Quotes From Agency)



[ad_2]

Source link

Tags

Ashwini Vaishnaw, DGCI, Duranto Express, Indian Railway, IRCTC, Lok Sabha, Modi Government, Rajdhani, Rajya Sabha

About Author

Nob6

Nob6 have a great team of writers and developers who are enthusiastic about delivering quality content focusing on 10,000 + users and loyal readers. 

Leave a Comment

Author : Nob6

Nob6.com: Nob6 Blog – The Complete blog for Blogging, Business, Money Making Tips, Startups, Webmaster, Guest posting, tips and tricks, and Technology News.

Join Us

Recommended Posts

Trickle Chargers Boosting Your Car's Battery Life

Trickle Chargers: Boosting Your Car’s Battery Life

Which Aspects of Business are Just as Important as Your Main Service

Which Aspects of Business are Just as Important as Your Main Service

What Needs To Be Arranged Before Moving Home

What Needs To Be Arranged Before Moving Home

From Manuscript to Masterpiece How Professional Book Printing Services Make the Difference

From Manuscript to Masterpiece: How Professional Book Printing Services Make the Difference

Fundamental Factors Influencing WSM Coin: A Comprehensive Overview

Fundamental Factors Influencing WSM Coin: A Comprehensive Overview

Business team learning about what are contact center solutions and searching the best one

What Are Contact Center Solutions and How Do They Benefit Businesses?

The Best IT Recruitment Agency in UK

The Best IT Recruitment Agency in UK