Indian Railways seeks your cooperation and support in helping Purchased from nominated counters at the stations. NWR, SR, SCR, SER, SECR, SWR, WR and WCR. Ticket Vending Machines dispensing unreserved tickets using smartĬards are provided at over 1000 locations over CR, ER, ECoR, NR, NER, Facilityįor purchasing unreserved tickets through mobile phone is available atĭELHI, Mumbai, Chennai, Kolkata and Secunderabad.
IRCTC also provides option for purchasing Season Ticketsįor suburban train services on Western and central Railways. More than 58% of the train accommodation is reserved throughĮ-ticketing. Through internet ticketing on IRCTC website for booking reserved Indian Railways offers cashless ticketing option to its customer Increased tax base would result in greater revenue for stateĪnd greater amount available to fund the welfare programmes of the.Lesser use of cash checks the grey economy, prevents money.Money flow, thereby helping in economic growth of the country. Electronic transactions helps in curbing corruption and black.Need for printing of currency notes and its transportation. Digital payments indirectly reduces expenditure in reducing.Or underground economies that often proves damaging to national A record of all economic transactions throughĮlectronic means makes it almost impossible to sustain black market
It helps to authenticate financial transactions and maintain.Convenience in shopping, payment of bills and scheduling ofįinancial transactions can all be managed from home, office or.Transaction costs are likely to be reduced. Extra payment on account of non-availability of change isĪvoided resulting in payment of what is actually due to be paid.Risk ofĬarrying currency notes and loss of hard earned money can be avoided. Cash need not be carried to avail goods and services.The advantages to citizens of a country in a Cashless Economy The advantages to citizens of a country in a Cashless Economy are: National Electronic Funds Transfer (NEFT) and Real Time Gross settlement (RTGS) in India. Transactions are made through electronic channels such as direct debit, credit and debit cards,Įlectronic clearing, and payment systems such as Immediate Payment Service (IMPS), Government of India is encouraging people to move towards a Cashless Economy.Ĭashless Economy can be achieved when the use of cash within the economy is gradually reduced and all The result of a collaborative effort of various Indian RailwaysĮntities and CRIS, Ministry of Railways, Government of India. Railways Accounts Department, developed with an objective to enableĪ single window access to information and services being provided by System as optimized shall meet the objectives of AIMS and satisfy informational
Sep?2016 and constantly evolved and optimized based on interactions andĮxperience sharing with Zonal Railways. IPAS developed by CRIS has to be extended to all remaining Zonal Railways by In due course, AIMS shall also facilitateĪccrual based commercial accounting and performance costing based outcomeīudgeting under Accounting Reforms project. Which not only meet requirement of Government accounting but also integratesĮ-recon and ARPAN in its architecture. To have in place state-of-the-art IT enabled resource Accounting System, Of financial transactions under AIMS is key to timely financial reportingĪnd informed decision making in Indian Railways.