Indian Railways has recently talked about bumper discounts on rail fare, in which Railway Minister Ashwini Vaishnav has claimed that the fare of Indian Railways is much less than neighboring countries. To understand the truth of this claim, we have to understand the current status of Indian Railways and the subsidy given by it.
Indian Railways has improved its services in the last few years and has taken several steps to promote security. Railway Minister Ashwini Vaishnav has said that Indian Railways has not increased fares since 2020 and fares are very few compared to neighboring countries. In addition, the Indian Railways gives a subsidy of Rs 56,993 crore every year, giving passengers 46% discount.
Indian Railway Replace: An Overview
Information about Indian Railways fares and subsidy is given in the following table:
| Description | Acquaintance |
| Comparison of fares | The 350 km travel fare in India is Rs 121, while Pakistan is Rs 436, Rs 323 in Bangladesh and Rs 413 in Sri Lanka. |
| Subsidy amount | Indian Railways gives a subsidy of Rs 56,993 crore every year. |
| Rented discount | Passengers are given a discount of 46%. |
| Financial condition of railway | Indian Railways is fulfilling its expenses from its income. |
| Safety improvement | Railway accidents have decreased by 90%. |
| New projects | Indian Railways will soon join the top three freight carryers in the world. |
| Job opportunities | 5 lakh people have got employment in the railway and recruitment to 1 lakh more posts. |
Rail fares discount: How well is the claim?
Railway Minister Ashwini Vaishnav claims that Indian Railways have much less than neighboring countries. This claim is true because the 350 km travel fare in India is Rs 121, while in Pakistan it is Rs 436, Rs 323 in Bangladesh and Rs 413 in Sri Lanka. In addition, Indian Railways has not increased fares since 2020, which is a major benefit for passengers.
Importance of subsidy
The importance of subsidy given by Indian Railways is as follows:
- Financial Assistance: Subsidy provides financial assistance to passengers, so that they can travel cheaply.
- Social Justice: This subsidy promotes social justice, because people of poor and middle class can also avail railway services.
- Economic Development: Railways’ income increases with subsidy, which contributes to economic development.
Financial condition of railway
The financial condition of Indian Railways has improved. Railways is fulfilling its expenses with its income, which is a major achievement. Railway Minister Ashwini Vaishnav has said that the income of the railway is Rs 2,78,000 crore, while the expenditure is Rs 2,75,000 crore. Apart from this, the Railways has spent 1,16,000 crore out of its expenses on the salary of the staff, Rs 66,000 crore on pension and Rs 32,000 crore on energy expenditure.
Due to financial stability
There are some main reasons for the financial stability of Indian Railways:
- Subsidy: The subsidy given by the government provides financial assistance to the Railways.
- Mall Alasi: Railways’ freight services are a major source of income.
- Passenger Services: Railways also have good income from passenger services.
Safety improvement
Indian Railways has also greatly improved security. Railway Minister Ashwini Vaishnav has said that railway accidents have decreased by 90%. This improvement is due to new technology and investment. The Railways has implemented several security systems such as the armor security system, which has helped in preventing accidents.
Safety measures
There are some main security measures adopted by Indian Railways:
- Kavach Safety System: This system helps prevent collision between trains.
- Electronic interlocking: This system automatically automatically reduces the signaling system, which reduces the risk of accidents.
- Fog Safety device: This device helps to increase visibility in the blurred season.
New railway projects
Indian Railways has started work on many new projects, one of which is Namo Bharat Rapid Rail. This service has been started between Bhuj and Ahmedabad and it is providing better facilities to passengers. In addition, the Railways will soon be included in the world’s top three freight people, which will be a major achievement.
Features of Namo Bharat Rapid Rail
- Speed and time: This service covers a distance of 359 km in 5 hours 45 minutes.
- Facilities: In this, passengers are being given better facilities, which makes their journey pleasant.
- Number of stations: This train stops at many stations, which benefits more people.
Disclaimer: This article is for general information and no official source has been given for confirmation or truth. It would be appropriate to get information from the official railway website or government sources for information related to the fare and subsidy of Indian Railways.
