How an eticket discount has become IRCTCs Achilles heel

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=lJNZrv5-mRE

For many in the Indian Railway Catering and Tourism Corporation (IRCTC), this year’s Union Budget announcement was a damp squib. • On 23 July, several officials from the ticketing-and-catering arm of Indian Railways waited for over an hour, with the collective hope that Finance Minister Nirmala Sitharaman would quash the discounts on UPI payments. • The reason behind their discontent is that the discount has cost IRCTC an arm and a leg. The company has lost Rs 40 crore in revenue. But despite all of the pushback, this year’s Budget did not mention revoking the mandate anywhere. • So, what’s going on? And why isn’t the government backing down? • Tune in to find out. • Daybreak • Episode 293 • August 13, 2024 • ★ Episode details: https://share.transistor.fm/s/9ce9012e • ★ Additional episodes: https://the-ken.com/podcasts/daybreak/

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