Cost of granting concessions to passengers weighs on railways: Vaishnaw
The railways on Wednesday informed the parliament that the cost of granting concessions to passengers “weighs heavily” on the national transporter, ruling out the restoration of the facility for all categories.
In a written reply to a question in Lok Sabha, Railway Minister Ashwini Vaishnaw said the Indian Railways is already bearing more than 50 per cent of the cost of travel, on an average, for all passengers, including senior citizens, on account of lower fare structure for passenger services.
“Apart from this, due to COVID-19, passenger earnings for the last two years is less in comparison to 2019-20. These have long-term impact on the financial health of the railways.
