RTI says railways earned Rs 28 billion more in 7 years
RAILWAYS & METRO RAIL

RTI says railways earned Rs 28 billion more in 7 years

According to an RTI response, it has been revealed that the Indian Railways managed to accumulate extra revenue of over Rs 28 billion from child travellers over the course of the last seven years by modifying the fare regulations for child passengers.
The information, sourced from the Centre for Railway Information Systems (CRIS) through the Right to Information (RTI) Act, also points out that the fiscal year 2022-23 alone witnessed earnings of Rs 5.6 billion due to the updated regulations, marking it as the most profitable year in this regard.
CRIS, which operates under the Ministry of Railways, specialises in offering IT solutions across various vital sectors, including ticketing and passenger services, freight operations, train traffic management, and other related areas.
On March 31, 2016, the ministry declared that children aged 5 years and under 12 years who chose to have separate berths or seats in a reserved coach would be charged the full adult fare. This revised policy came into effect from April 21, 2016.
In contrast, the earlier practice of the railways involved providing separate berths to children between 5 and 12 years of age while charging them only half of the regular travel fare. 

Also read: 

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

According to an RTI response, it has been revealed that the Indian Railways managed to accumulate extra revenue of over Rs 28 billion from child travellers over the course of the last seven years by modifying the fare regulations for child passengers.The information, sourced from the Centre for Railway Information Systems (CRIS) through the Right to Information (RTI) Act, also points out that the fiscal year 2022-23 alone witnessed earnings of Rs 5.6 billion due to the updated regulations, marking it as the most profitable year in this regard.CRIS, which operates under the Ministry of Railways, specialises in offering IT solutions across various vital sectors, including ticketing and passenger services, freight operations, train traffic management, and other related areas.On March 31, 2016, the ministry declared that children aged 5 years and under 12 years who chose to have separate berths or seats in a reserved coach would be charged the full adult fare. This revised policy came into effect from April 21, 2016.In contrast, the earlier practice of the railways involved providing separate berths to children between 5 and 12 years of age while charging them only half of the regular travel fare. Also read: MMRDA plans 350 sq km Town in Mumbai Harbour           Dwarka comes up with mega convention space, Yashobhoomi

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement