Aug 9, 2017

Indian Railways earns Rs 1,400 cr from ticket cancellation charges in 2016-17: Govt


Indian Railways earns Rs 1,400 cr from ticket cancellation charges in 2016-17: Govt

New Delhi: The Indian Railways earned Rs 1,400 crore from ticket cancellation charges in 2016-17, the government said on Saturday. The earnings show an increase of 25 percent from the previous financial year.

The jump in the earnings may be attributed to the doubling of cancellation charges from November 2015.
In a written reply to the Rajya Sabha on Saturday, Minister of State for Railways Rajen Gohain said, “There has been an increase of approximately 25 per cent in the amount released from the cancellation of tickets in 2016-2017 over the previous year.”

Charges are levied for cancellation of tickets as per the Railway Passengers (Cancellation of Ticket and Refund of Fare) Rules, 2015. The rules provide for the refund of fare, subject to provisions.

“However, there is no provision to refund the cancellation charges so recoverable under the Rules,” said Gohain.

Under the new rules, there is no option of any refund after the departure of a train, while there is only a four-hour window as against six-hour window earlier, to cancel and get the refund before the departure of the train.

During 2016-17, the South-Central Railway has realised Rs 103.27 crore as cancellation charges on reserved tickets

Effective from November 2015, 48 hours before the scheduled departure of the train, the cancellation charges levied on the confirmed AC 3-tier ticket was doubled to Rs 180 from Rs 90, while for AC 2-tier it was made Rs 200 in place of Rs 100.

The cancellation fee for a sleeper class and second class confirmed ticket was doubled to Rs 120 and Rs 60 respectively.

(With inputs from PTI)
Source - Times Now News