Coronavirus Crisis: Railways Extends Duration Of Cancelled Tickets Refund
To contain the spread of the novel coronavirus pandemic in the country, the Indian Railways has asked the passengers not to come immediately to the reservation counters to cancel their tickets and relaxed the refund period of cancelled tickets up to 45 days.
In a statement the railway ministry said that all rules for e-ticket remain the same as passenger does not need to come to station for refund of ticket.
"This relaxation is for journey period from March 21 to April 15," it said.
The railways said that in case the train is cancelled by Indian Railways for journey period March 21 to April 15, then refund across counter can be taken on submission of ticket up to 45 days from date of journey. Earlier, to cancel a ticket booked from the reservation ticket, the passenger needs to submit the ticket from three hours to 72 hours.
The railways further said that if the train has not been cancelled by the national transporter and the passenger does not want to continue his or her journey, "then ticket deposit receipt (TDR) can be filed within 30 days from date of journey at the station".
It also said that TDR can be submitted to CCO/CCM Claims office for getting the refund with 60 days of filing of TDR subject to verification from train chart.
The railways also said that the passengers who want to cancel ticket through 139 can get refund across the counter within 30 days from the date of journey instead of extant rule of up to scheduled departure of the train.
Earlier, the national transporter cancelled over 245 pairs of trains in view of the COVID-19 pandemic. The railways as a precautionary step also increased the prices of the platform tickets at over 500 railway stations from Rs 10 to Rs 50 to control the huge rush at the stations.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.