Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Politics / News/  Railways earn Rs3,909 crore from e-ticketing
BackBack

Railways earn Rs3,909 crore from e-ticketing

Railways earn Rs3,909 crore from e-ticketing

Premium

New Delhi: Indian Railways has added nearly four thousand crores in its coffers through e-ticketing till November 2008, which is nearly double the amount it made during last fiscal.

“The Railways earned Rs3,909 crore from its e-ticketing scheme this year (till November 2008). The profit is expected to rise," a senior ministry official said.

The e-ticketing facility was launched by Railways in 2005. Under the scheme, passengers can book their tickets using internet by opting any of the two options - e-ticket and i-ticket.

The profit made by Railways is more than double the amount it earned last year. In the fiscal year 2007-08, Railways earned Rs1295.74 crore from the facility.

The ministry, apparently happy with the outcome of the scheme, wants to make it more user friendly to add more customers to its kitty but refrained from making any major modifications.

“The ministry as of now does not plan to modify the scheme since it is yielding expected results. But we keep introducing user friendly systems in e-ticketing software system to make our services more customer-friendly," the official said.

According to officials, using e-ticket facility, passengers can book berths in trains online and get instant print out of electronic reservation ticket. While in case of i-ticket, they (passengers) can only book accommodation using internet and the tickets gets delivered to their home.

However, the i-ticket facility is available at selected locations only. Railways take two to three days to deliver tickets depending on the city, official said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 16 Dec 2008, 05:51 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App