Railways earned 140 cr from sale of platform tickets in 2018-19: Piyush Goyal

  • Railways earned 230.47 crore from advertisements and shops, including those on platforms, the Rail Minister informed Parliament
  • He said contracts for shops and advertisements are awarded after open competitive bidding

New Delhi: The Indian Railways has earned almost 140 crore from the sale of platform tickets in the year 2018-19, Railway Minister Piyush Goyal informed Parliament on Friday.

Replying to a question in the Rajya Sabha, Goyal said the railways earned 230.47 crore from advertisements and shops, including those on platforms, and 139.20 crore from sale of platform tickets in the year 2018-19.

"As per the extant policy, contracts for shops and advertisements are awarded after open competitive bidding. Therefore, it is not correct to say that specific rates are finalised for such contracts.

"The rates are outcome of the competition during the bid. However, in order to ensure minimum revenue, the bidding is done after finalising minimum licence fee and the quotes are to be submitted above the same," Goyal said.

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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