Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Topic
 #
 Rating
 Correct
 Wrong
 Stamp
 PNR Ref
 PNR Req
 Blank PNRs
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt
Forum Super Search
 ↓ 
×
HashTag:
Freq Contact:
Member:
Posting Date From:
Posting Date To:
Blog Category:
Train Type:
Train:
Station:
Pic/Vid:   FmT Pic:   FmT Video:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    Topics:    

Search
  Go  
dark modesite support
 
Thu Apr 25 19:53:22 IST
Home
Trains
ΣChains
Atlas
PNR
Forum
Quiz
Topics
Gallery
News
FAQ
Trips
Login
Post PNRPost BlogAdvanced Search

Blog Entry# 2053895
Posted: Nov 09 2016 (17:02)

1 Responses
Last Response: Nov 09 2016 (19:45)
Poll
1433 views
8 votes
0

Nov 09 2016 (17:02)  
neeku_96~
neeku_96~   145 blog posts
Entry# 2053895              
Do the decision of terminating the 500 & 1000 INR currency denominations will effect Indian Railway in any manner? Plz give reason also..
Translate to English
Translate to Hindi
NO vote
Yes
13%
1
No
75%
6
Don't know
13%
1

1034 views
2

Nov 09 2016 (19:45)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 2053895-1               Past Edits
(1) Decision of terminating the 500 & 1000 INR may reduce the sale of tickets (esp. the high value ones) at the booking counter, for some period due to cash crunch that is expected to persist, as the new currency notes shall take sometime for circulation. However the on-line sale is likely to be unaffected.
(2) If the hoarders of black money (through 500 & 1000 Re notes) are unable to get it encashed and lose it, then the sale of very high value flexifare/suvidha tickets are likely to go down, as mostly the people flushed with black money don't mind splurging money in these tickets. Honest taxpayers avoid the journey altogether rather than paying very high flexi/Suvidha/Prem.Tatkal fares.
(3)
...
more...
The tourism may take a little dip due to curb on black money. Accordingly sales to/from tourist destinations may be a little bit affected. Sale of normal priced tickets is likely to be unaffected.
Overall passenger revenue generation may not be affected to any appreciable extent. Effect on over all revenues of IR shall be very less(almost negligible).

Translate to English
Translate to Hindi

Travel SAFE

1. RailFanning does NOT MEAN dangerous pics/videos.
2. Doorplating pics/youtube videos are strictly FORBIDDEN in IRI.
3. Take plenty of food pics and other safe pics.
4. Write human interest narratives to make the pics interesting.
5. Enjoy blogging and travelling SAFELY.

REMEMBER: YOUR LIFE is the most precious thing, NOT RailFanning.

Leading Polls

Rail News

New Trains

Site Announcements

  • Entry# 5648027
    Mar 01 2023 (12:44AM)


    In response to past confusions with Train/Station updates and resulting fights and controversies, the following clear and objective guidelines are being issued, with no room for any arguments or debates about validity. Also, included, some other changes with respect to Ratings. 1. All Red Ratings will require further explanation. Red Ratings won't...
  • Entry# 5388512
    Jun 24 2022 (08:45AM)


    As announced previously, there are a few changes coming to IRI user accounts, based on past practices. 1. As before, you will be able to quickly DELETE your IRI User account at ANY time. However, the menu option for this was hidden in the profile page, and could not easily be located....
  • Entry# 5148000
    Nov 29 2021 (06:40AM)


    A new feature will be released soon, whereby you can follow blogs tagged with specific Trains & Stations. If you have already posted blogs tagged with some Train/Station, then you will be set to automatically follow that Train/Station. Thereafter, any future news/blogs tagged with those Trains/Stations will be marked to your...
  • Entry# 5093784
    Oct 13 2021 (07:04AM)


    These days, every other day, we are getting requests from members to allow email login to their FB-based IRI account. 10 years ago, we had given the option for users to login through FaceBook - in retrospect, this was a mistake. These days, apparently, users are quitting FaceBook in droves because...
  • Entry# 4906979
    Mar 14 2021 (01:12AM)


    Followup to: Fmt Changes The new version of FmT 2.0 will soon be here - in about 2 weeks. As detailed in the previous announcement, many of the old FmT features like Train TT, Speedometer, Geo Location, etc. will be REMOVED. It will be a bare-bones simple app, focused on trip blogging. It...
  • Entry# 4898771
    Mar 06 2021 (10:33PM)


    There are some changes coming to FMT. Many of the features of FMT, like station arrival, TT, speed, geo, passing times, station time, etc. are ALREADY available in OTHER railway apps. So all of these features will be REMOVED. We'll have ONLY BLOGGING - quick upload of pics/videos/audio, etc. You may attach...
Scroll to Top
Scroll to Bottom
Go to Mobile site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy