Blog Entry# 2057336
Posted: Nov 12 2016 (14:26)
Last Response: Nov 12 2016 (14:26)
Other NewsNov 12 2016 (09:09) Demonetisation: Railways to monitor big transactions
Yuva Rahul~ 109 news posts
New Delhi: Facing a surge in buying train tickets including platform tickets over the counters using Rs.1000 and Rs.500 notes as these are allowed at rail premises, the Indian Railways on Wednesday sought banks’ help in providing lower denominations in return.
Railways carry out about Rs.100 crores worth ticketing business in a day, out of which about Rs.40 Crore is over the counters and rest is on e-platform. “Despite banks being closed on Wednesday, we are in talks with them (banking authorities) to get rupee notes of lower denominations like Rs.10, Rs.50 and Rs.100 to manage our booking counters,” said Railway Board Nember (Traffic) Mohd Jamshed.
Nov 12 2016 (14:26)
For Better Managed Indian Railways~ 1933 blog posts
Very good steps are being taken by IR/Govt to help the genuine paxs from the currency note shortage.
IR should announce that cancellation charges for all the tickets booked from 9-14 nov shall be 50% flat of ticket value. This will be an example of demand based flexi-cancellation charge very much like demand based flexi reservation charge!
If there is severe cash crunch in IR and more revenue is de-separately needed, then why not to extract huge profits from the rich hoarders of black money rather than profiteering from the bonafide, genuine and...
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