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Railways gives Rs 56,993 cr subsidy on tickets every year: Ashwini Vaishnaw

Business Standard LogoBusiness Standard20h ago

Railways gives Rs 56,993 cr subsidy on tickets every year: Ashwini Vaishnaw - Business Standard

Quick Summary:

A total subsidy of Rs 56,993 crore is given every year by the Indian Railways to all categories of passengers, with a 46 per cent rebate on every ticket, Railway Minister Ashwini Vaishnaw said on Wednesday.

Replying to multiple questions in the Lok Sabha on restoring discounts given to various categories of train passengers, he said if the price of a ticket is Rs 100, then the railways charges just Rs 54 for it -- a discount of 46 per cent.

"A total of Rs 56,993 crore subsidy is given every year by the Indian Railways to all classes of passengers," Vaishnaw said during the Question Hour.


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Published On: 2024-12-04 @ 13:24:43 (20 hours ago)

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