INDIAN RAILWAYS COLLECTS RS 1,229 CR IN REVENUE FROM CANCELLED WAITING LIST TICKETS
The Business Guardian|March 23, 2024
Over the specified period, Indian Railways earned Rs 1,229.85 crore from over 128 million cancelled waiting list tickets, with notable increases in cancellations and revenue each year.
INDIAN RAILWAYS COLLECTS RS 1,229 CR IN REVENUE FROM CANCELLED WAITING LIST TICKETS

In a recent disclosure prompted by an RTI request filed by activist Vivek Pandey from Madhya Pradesh, Indian Railways revealed staggering earnings of Rs 1,229.85 crore from cancelled waiting list tickets between 2021 and January 2024. The data unveiled a consistent upward trend in revenue generated through this avenue over the specified period.

Breaking down the figures, it was disclosed that in 2021, approximately 25.3 million tickets on the waiting list were cancelled, contributing to earnings of Rs 242.68 crore.

The following year witnessed a notable surge, with 46 million tickets cancelled, resulting in revenue of Rs 439.16 crore. In 2023, the trend continued with 52.6 million waitlisted tickets cancelled, yielding earnings of Rs 505 crore. Even in January 2024 alone, 4.586 million tickets met the cancellation criteria, generating Rs 43 crore for the Railways.

Cumulatively, this accounted for over 128 million cancelled waiting list tickets during the specified period.

هذه القصة مأخوذة من طبعة March 23, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 23, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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