Blog Entry# 5100473
Posted: Oct 21 2021 (23:19)
Last Response: Oct 25 2021 (16:51)
Indian Railways is gearing up to run a full train with just Economy AC-3 tier coaches, similar to the concept of the Humsafar Express. Economy AC 3 tier class of travel is the latest offering by railways, aimed at making air-conditioned travel more affordable for the common man. Fares of Economy AC 3 are 8% less than the regular AC-3 tier coaches. Railway Minister Ashwini Vaishnaw recently inspected the newly manufactured coaches and said that efforts should be made to run a full train consisting of AC-3 tier Economy coaches. A railway official told TOI that once the necessary number of coaches are available, a train will be run on a trial basis to understand the demand and occupancy trends. The official said that any zone would need at least 16-18 coaches to run the train. One thought is to try and run a full Economy AC3 train in the ongoing
** Pension system is very much bleeding Indian Railways. Currently, about 23% of total revenue of IR goes into pension payment.
** Employees who joined IR before a particular year probably around 2005 shall be getting pension from IR after their retirement.
** Those joining after the particular date shall get NPS after retirement which shall happen around 2035-2040.