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HomePersonal FinanceSenior citizens will get 50% discount on railway tickets, Nirmala Sitharaman may...

Senior citizens will get 50% discount on railway tickets, Nirmala Sitharaman may announce it in the budget

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Rail is the largest and most important part of transport in India. A large population of the country depends on Indian Railways for travel. When the Finance Minister presents the country’s budget this time, the eyes of the railway passengers will be looking at her. Railways and rail passengers have their own expectations from this budget.

Budget 2024: Rail is the largest and most important part of transport in India. A large population of the country depends on Indian Railways for travel. When the Finance Minister presents the country’s budget this time, the eyes of the railway passengers will be looking at her. Railways and rail passengers have their own expectations from this budget. The highest expectations are from those senior citizens, whose concession was ended by the Railways during the time of Covid.

Will there be a discount in rail fare?

During Covid, the Railways completely abolished the concessions given to the elderly in train ticket fares. Till the end of 2019, during railway travel, male senior citizens used to get 40 percent discount after the age of 60 and women used to get 50 percent discount after the age of 58, but during the time of Covid, it was completely abolished, which has not been restarted yet. In such a situation, senior citizens hope that the Finance Minister can make rail travel easier for them in this budget. It is expected that the Modi government, which has come to power for the third time, can again announce a 50 percent discount on train tickets for senior citizens.

Gift of new trains

Union Finance Minister Nirmala Sitharaman can increase the funds for the expansion of metro network, Namo Bharat Corridor, Vande Bharat trains, high speed corridor and economic corridor in the railway budget. At the same time, it is also expected that the Finance Minister can bring the railway fare to the pre-Covid level. It is expected that there may be some relief in ticket fares. At the same time, an announcement regarding the new bullet train corridor is expected in the budget. In the first budget of Modi Government 3.0, more than 200 new modern and high-speed non-AC trains can be announced for Indian Railways.

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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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