Times of India: Nagpur: Saturday,
April 01, 2017.
Even as it is
difficult to draw a conclusion about how demonetisation may have hit the Indian
Railways, an RTI query reveals that though Nagpur Central Railway witnessed
more cancellation of tickets post-demonetisation, the chunk of refund was less
as compared to same period last year.
It was
assumed that Central Railway's revenue must have been hit and huge amount must
have been refunded during the three months November and December 2016 and
January 2017 after the Rs 500 and Rs 1,000 notes were demonetised on November
8, 2016. However, it was not the case.
The reply
received from the Central Railway, to an application filed by RTI activist
Abhay Kolarkar, states that during November and December 2016 and January 2017,
the period during which information was sought, the Central Railway refunded Rs
26.92 crore towards cancellation of tickets by 2.62 lakh passengers.
Immediately
after the noteban, a large number of people, including travel agents, rushed to
railway station counters in Nagpur to book wait-listed tickets in higher
classes so as to get rid of demonetised notes.
"A
maximum of six persons can book berths as per the requisition form. People
panicked and filled up the entire quota, that too for to-and-fro journeys to
faraway destinations in AC coaches. These bookings were done to get wait-listed
tickets so that it can be cancelled later and get refund in new notes,"
says Kolarkar, who filed the RTI query.
Senior
divisional commercial manager (SrDCM) KK Mishra says demonetisation may be one
of the reasons for huge refunds but it cannot be the sole reason as when the
Railway Board realized the "modus operandi" of some of the ingenious
people, it immediately put restrictions on the refund process.
"I don't
think note ban has much to do with huge refunds. If you compare the three
months (2015-16) figures, we refunded Rs 31.18 crore, which is Rs 4.26 crore
more than the post-demonetisation period. It was because of restrictions by the
Railway Board on limited cash refunds," said Mishra.
Kolarkar said
noteban may be the cause. If a month-wise comparison of cancellation of tickets
by passengers is made for three months post-noteban, then it is found that in
November and December 2016 and January 2017 alone, over 3.76 lakh passengers
cancelled tickets. "This must have happened owing to the noteban as those
who booked tickets with old notes cancelled tickets later," said Kolarkar.