• search
For Quick Alerts
Subscribe Now  
For Quick Alerts
For Daily Alerts

    Starting next month you may have to give up rail fare subsidy

    By Vicky

    Starting next month, you may have to give up rail fare subsidy. This comes close on the heels of the government launching the Give it up campaign on cooking gas subsidy.

    Starting next month you may have to give up rail fare subsidy

    Railway passengers will be given the option to voluntarily give up their subsidy on tickets. The scheme is set to be launched next month. The government would the railways would offer two slabs to surrender subsidy.

    You could either give up 50 per cent of 100 per cent of the subsidy. As of now the railways bears 43 per cent of the cost of all rail fares. The decision to introduce the scheme to give up subsidy is being taken in the wake of the railways suffering a loss of Rs 30,000 crore every year due to subsidised passenger fares.

    The option to give up subsidy will be available for tickets booked online or purchased directly from the counters. There was an awareness drive launched in which it was printed on tickets that the Indian Railways recovers only 57 per cent of cost of travel on an average.

    OneIndia News

    For Daily Alerts

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    Notification Settings X
    Time Settings
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more