Business / Indian railways may take big decision on concession in rail fare for senior citizen in budget

Indian Railway Concession For Senior Citizen: Only a few days are left for the budget of the Central Government. Everyone has a lot of expectations from this budget, from the general public to the senior citizens. This time the government can announce a discount in rail fare. Let us tell you that the exemption given to senior citizens in railway fare can be restored in this budget (Budget 2023). Planning is being done by the government regarding this.

Can get discount on train fare

In the upcoming budget, senior citizens can get concession in rail fare. As of now, no announcement has been made by Railway Minister Ashwini Vaishnav regarding this. Along with this, no promise has been made, but the common man is hopeful that this time's budget can be very special.

How much did railway earn in 9 months?

There has been a tremendous increase in the earnings of the Railways this time. According to the data released by the Railways, between April 2022 and December 2022, ie in a period of just 9 months, Rs 48,913 crore has been earned from rail fares.

Bumper increase in earnings

Apart from this, if we look at the last year's data of the same period, then there has been an increase of 71 percent in it. After the bumper increase in railway earnings, this time it is expected that senior citizens will get concession in rail fare.

Ashwini Vaishnav gave information

In the Lok Sabha, the Railway Minister was asked about the Railway Concession, whether the Railways will again give the facility of discount on train tickets. On this, Railway Minister Ashwini Vaishnav has said that in 2019-20, Railways has given a subsidy of Rs 59,837 crore on passenger tickets. Apart from this, the Standing Committee attached to the Parliament has suggested giving concession in train tickets to senior citizens traveling in slipper and third AC.

Get 53% discount

According to the information received from the Ministry of Railways, all the citizens traveling in the train get an average discount of 53 percent on the fare. Along with this, Divyangjans, students and patients get many types of concessions apart from this exemption.