If you are on the railway's daily rides, you will soon be shocked by the Narendra Modi government. The Modi government is now going to safety tax on the general category of railway tickets.
According to the Hindustan Times, the government will recover 2 percent additional safety tax on fixed fares. This fund will be used on rail safety.
Let us know that 94 per cent of railway passengers travel in normal tickets i.e. non reserved category. In the last few years, rail fares of AC-1 and AC-2 category have been increasing gradually, but till now the fares of general category non-reserved and suburban trains have not been increased.
Indian Railways, which has full control of the central government, is currently burden of Rs 32 thousand crore, which is increasing day by day. The railway's operational cost is the highest. This new initiative of Railways is expected to generate an additional income of Rs. 5000 crore in the current financial year. This amount will be used for the protection of Railways, as the Finance Minister discussed the safety fund of the Railway in the 2017 budget speech.
Railway Minister Suresh Prabhu says, "We have to set up a safety fund to protect the railway and the passengers and we hope that the common people will cooperate."
He said that we are discussing all the options.
Significantly, the central government has decided to set up a special safety fund of Rs one lakh crore in the next five years. Apart from the upgradation of rail track and signal system through this fund, work to eliminate unmanned gates is to be done. That is, every year the government will spend twenty thousand crores on these standards.
Meanwhile, the Railways received Rs 15,000 crore from the Central Government in National Rail Safety Fund. Out of these 10 thousand crore rupees were received from the Central Road Fund and Rs 5000 crore from the Finance Ministry. While the remaining 5000 crores of rupees were asked to raise the railways through internal resources.
It is believed that in view of this, the Railways has proposed to impose two percent cess on the tickets in front of the government.
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