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Senior citizens to get concessions in train fare? Check what Railway Minister has to say | Personal Finance News

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New Delhi: The Indian Railways used to offer concessions to senior residents for reserving Indian Railway Catering and Tourism Company (IRCTC) trains. Nonetheless, the Railway Ministry had withdrawn the exemption on concessions within the aftermath of the COVID-19 pandemic. Whereas many have been anticipating the rollback of concessions quickly, the Railways Ministry has now stated that it didn’t discover it possible to revive concessions on rail tickets which have been suspended because the pandemic.

In a written reply within the Rajya Sabha, Railway Minister Ashwini Vaishnaw has stated that it had acquired representations from a number of quarters to revive the power. Beforehand, Indian Railways offered concessions in 54 classes. However the whole variety of classes have been lessened in view of the COVID-19 pandemic.  

“In view of Pandemic & Covid protocol, a concession to all classes of passengers (besides 4 classes of Divyangjan, 11 classes of Sufferers and College students) have been withdrawn from 20.03.2020,” he stated. 

“Illustration/request/solutions from totally different quarters have been acquired for restoration of all concessions. The matter has been examined however not discovered possible at current,” he added.

He additionally knowledgeable the Parliament that the variety of passengers travelling in air-conditioned coaches diminished by greater than 70 per cent in 2020-21 as a result of coronavirus pandemic. Additionally Learn: Tega Industries IPO subscribed 218 occasions: Verify newest GMP, anticipated itemizing positive aspects

He stated that throughout the yr 2019-20, there was a rise of round 4 per cent in passengers who travelled by air-conditioned (AC) coaches and a 70 per cent drop was noticed in 2020-21 amongst such passengers, as in comparison with the earlier yr. Additionally Learn: Vodafone Retro Tax Case: Telecom agency information utility with Centre to settle dispute

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Senior citizens to get concessions in train fare? Check what Railway Minister has to say | Personal Finance News

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