Proud moment! How Indian Railways saved Rs 77 crore will make your chest swell with pride
From August 15, 2016, to March 31, 2018, about 40 lakh senior citizens had voluntarily given up concessions resulting in a saving of Rs 77 crore for the Railways from this initiative, the ministry said in a statement.
The Railways bears 43 per cent of the cost of the fare of a train ticket and incurs a loss of about Rs 30,000 crore a year in subsidising passenger fares. Image source: PTI