Indian Railway suffers revenue loss of Rs 1,602 crores due to concessions


NEW DELHI: Indian Railway experienced a revenue loss of Rs 1,602 crore in the year 2015-16 over numerous concessions being given to travelers. Minister of state for Railways Rajen Gohain in a written reply in the Lok Sabha on Friday has also further conveyed that, revenue forgone due to concessions being given to passengers due to various categories is Rs 1,602 crore.

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The railways offer concession to travelers in 24 categories such as senior citizens, patients and Padma awardees. The railways lost Rs 1,285 crore in revenue by giving concession to the superior citizens followed by physically-challenged persons who got relief worth Rs 107 crore. The minister also further conveyed that there was no proposal to make any changes in the concessions being given to the passengers.

 The revenue foregone due to concession in some of major categories, including senior citizens, patients, physically challenged and Izzat scheme in monthly season tickets, in the fiscal 2015-16 was Rs 1,602.94 crore. Railways provides concession in passenger fare in 24 categories including war widows, press correspondents, awardee teachers, Prime Minister Shram Awardees and President Police Medal awardees among others.

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