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Senior citizen concession: Loss to Railways lowest in decrease lessons

Non-AC Sleeper and unreserved normal class practice tickets make up round 40 per cent of the full journey concessions availed by senior residents, in line with Railways knowledge. Ticket concessions for senior residents have been stopped for greater than two years citing pandemic-related considerations, and throughout the ongoing Monsoon session of Parliament, the Railways Minister had instructed Lok Sabha that restarting the concession “is just not fascinating”.

Earlier than the pandemic, within the yr 2019-20, senior residents availed of concessions amounting to Rs 1,667 crore in all lessons of rail journey. This was a progress of about 1.8 per cent over the earlier yr’s determine.

The income foregone by the Railways on account of unreserved tickets, which is generally the bottom class of practice journey, is about Rs 215 crore. The non-AC Sleeper section noticed income foregone to the tune of round Rs 451 crore that yr.

Amid a rising clamour for the restoration of senior citizen concessions, the political dispensation is on the lookout for methods to convey it again in an avatar that’s least burdensome on Railways’ coffers. Sources mentioned that for the reason that income loss from concessions availed in non-AC Sleeper and normal class are decrease than in greater lessons, the potential for bringing it again in these two lessons are being studied.

Information reviewed by The Indian Categorical present that whereas the general senior citizen concession burden on account of income foregone elevated from Rs 1,492 crore in 2017-18 to Rs 1,667 crore in 2019-20, concession availed by means of unreserved ticketing system has remained kind of at a regular Rs 200 crore or thereabouts annually. In 2017-18, Rs 212 crore was the burden, which elevated to Rs 223 crore the next yr, however got here all the way down to Rs 215 crore in 2019-20.

Equally, income loss on account of non-AC Sleeper class, elevated from Rs 427 crore in 2017-18 to Rs 458 crore the next yr, however got here all the way down to Rs 451 crore the following yr.

All practice operations have been suspended within the wake of the nationwide lockdown within the final week of March 2020.
The income loss on account of senior citizen concession in the preferred class, AC III-tier, had continued to extend yr after yr. In 2017-18 the loss was Rs 419 crore, which jumped to Rs 474 crore the following yr, and in 2019-20, it was round Rs 504 crore. With out concessions, Railways really makes a small revenue in AC-III tier class. Related is the expansion in AC II-tier, which noticed income foregone rising from Rs 247 crore 4 years in the past to Rs 285 crore in 2019-20.

Senior residents — ladies at 58 years and above and males at 60 years and above — have been entitled to the concession.

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