Blog Entry# 2343874
Posted: Jul 06 2017 (14:41)
Last Response: Jul 06 2017 (20:50)
IR AffairsJul 06 2017 (12:00) Railways new Give it up campaign: Forgo train ticket subsidy from Aug
Praveen Kumar Kohli 1 news posts
Taking a cue from the petroleum ministry, the Indian Railways is set to launch a 'Give-It-Up' campaign that will give travellers the option to forego the subsidy on their train tickets from August.
A similar mission launched by the ministry of petroleum was an instant hit with more than 10.5 million liquefied petroleum gas (LPG)-consuming households opting out of the subsidy, saving more than Rs 4,000 crore for the government exchequer. Confirming the development, a senior railway official said, "The scheme will be launched from August. Through this, the passengers will have the option to forego either 100 per cent of the subsidy or 50 per cent or to avail the subsidy. It will be a voluntary decision that we leave to...
* IR recover only 57% of its cost, means that there is a subsidy of Rs 43 over a ticket purchased for Rs 57 i.e. 75% of the fare. But not every pax is availing this subsidy of 75%, it depends on the class of travel, hence the word "subsidy" is a misnomer here.
* Now IR expects even ACIII (& other ac classes) paxs to voluntarily shell out 75% extra for their tickets in the name of subsidy denial. * Infact ACIII paxs are giving profits to IR and now they are expected to shell out 75% extra for the inefficiency of IR and for heavy subsidy enjoyed by general/ suburban paxs. ACII & ACI shall be costlier than air travel...
Jul 06 2017 (19:28)
Aslam Shaikh 298 blog posts
Bus Nate Nate techniques nikalo lootne ke
Jul 06 2017 (20:50)
Praveen Kumar Kohli 16 blog posts 8535 correct pred (85% accurate)
A clarrification from railway that this is meant on Senior ctitizen Concession
The Indian Railways on Thursday said that it has only simplified procedures for those senior citizens who want to voluntarily forgo the subsidies entitled to them on rail fares and that it does not intend to withdraw the provision of subsidy.
According to Railway Board Member for Traffic Mohammad Jamshed, currently railways provides a 50 per cent concession on tickets booked by senior citizens.
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