Railways gained ₹8,913 cr in 5 years after ending seniors' concession: RTI

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Railways gained ₹8,913 cr in 5 years after ending seniors' concession: RTI - Business Standard

Quick Summary:

The question of restoring concessions on train tickets for senior citizens was raised in the parliament by members on several occasions, however, Railway Minister Ashwini Vaishnaw has said that the Railways already pays 46 per cent concession on an average to every passenger.

The Indian Railways has earned an additional revenue of approximately Rs 8,913 crore in five years by withdrawing concessions for senior citizens, according to replies from the Centre for Railway Information Systems on a Right to Information Act applications.

CRIS functions under the Railway Ministry and develops as well as maintains ticketing and passengers data besides offering various other services.