Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Govt May Make Aadhaar Card Must for Rail Concession in Budget 2017

Government is contemplating to make Aadhaar or Unique Identification (UID) card mandatory to avail rail concession, and an announcement is likely to be made by Finance Minister Arun Jaitley while presenting the first combined General and Railway Budget on February 1.

Press Trust Of India

Updated:January 29, 2017, 12:05 PM IST
facebookTwitterskypewhatsapp
Aadhaar, Biometric Data, Cyberattacks, UIDAI
This is the sixth time the government has extended the deadline for individuals to link their Permanent Account Number (PAN) to Aadhaar.
Loading...

New Delhi: Government is contemplating to make Aadhaar or Unique Identification (UID) card mandatory to avail rail concession, and an announcement is likely to be made by Finance Minister Arun Jaitley while presenting the first combined General and Railway Budget on February 1.

The move will help the government in better targeting of benefits and check misuse of the facility, sources said.

The Railways provides concession on tickets to more than 50 categories of passengers which include senior citizens, students, research scholars, teacher, doctor, nurse, patients, sports people, unemployed youth, Arjun awardees among others.

At present, Railways is running a pilot project for senior citizens who are entitled to rail concessions.

The concessional tickets cost the Railways about Rs 1,600 crore in 2015-16, with the bulk being accounted for senior citizens.

As per the government data, over 100 crore Aadhaar cards have been issued so for covering the bulk of India's population.

The government has decided to end the 92-year-old practice of presenting a separate Railway budget and merged it with the General Budget.

Jaitley, according to sources, will contribute few pages of his Budget to programmes and schemes related to Indian Railways.

Although there will be a single budget, the Railways will continue to have autonomy as the commercial undertaking and the existing financial arrangement will remain.

The Railways is expected to get the exemption from payment of dividend to the Union government, a move which will help to strengthen its finances.

The organisation will also get budget support to meet part of its capital expenditure and will be allowed to raise extra-budgetary resources.

According to sources, Railways would continue to bear the expenditure on social and public service obligations.

It is also expected that Jaitley will present a separate statement of budget estimates and demand for grants for Railways in the General Budget.

There will also be a single Appropriation bill, including the estimates of Railways, to the Parliament.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Puja Menon
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
HDFC 1,996.25 -2.47
Axis Bank 640.45 -4.54
Maruti Suzuki 6,130.40 -4.40
Yes Bank 65.10 -2.91
Reliance 1,197.45 -1.10
Company Price Change %Gain
Maruti Suzuki 6,130.65 -4.39
Yes Bank 65.15 -2.91
HEG 1,245.55 -11.23
Graphite India 339.50 -8.72
Indiabulls Hsg 429.05 -1.41
Top Gainers
Company Price Change %Gain
GAIL 131.90 1.70
Titan Company 1,158.25 0.84
HUL 1,831.20 0.82
Asian Paints 1,530.90 0.63
Dr Reddys Labs 2,738.05 0.47
Company Price Change %Gain
HUL 1,830.95 0.84
Asian Paints 1,531.05 0.69
Infosys 831.05 0.44
Top Losers
Company Price Change %Gain
Hero Motocorp 2,568.95 -6.20
Tata Motors 122.00 -5.13
Axis Bank 640.45 -4.54
Tata Steel 344.95 -4.47
Maruti Suzuki 6,130.40 -4.40
Company Price Change %Gain
Hero Motocorp 2,570.05 -6.19
Tata Motors 121.95 -5.13
Tata Steel 344.45 -4.62
Axis Bank 640.20 -4.62
Maruti Suzuki 6,130.65 -4.39

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results