Agnipath protests: Railways suffer losses over Rs 1,000 crore, highest in a decade

Railway properties had been vandalised, torched or attacked from Bihar to West Bengal amid the protests in opposition to the Agnipath Scheme.

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Indian Railways has incurred large losses in terms of assets harm and refunds for ticket cancellations. Amid the mass protests in numerous elements of the country in opposition to the recently released Agnipath Scheme, railway properties had been vandalised, torched or attacked from Bihar to Telangana. 

Indian Railways has thus far incurred losses of over Rs 1,000 crore, consisting of harm and compensation to passengers for ticket cancellations withinside the past few days. The protesters broke railway assets and torched dozens of trains. Earlier on June 18, the Railways had said that it had suffered a loss of more than Rs seven-hundred crore in only 4 days of protests. Furthermore, according to railway officials, more than 60 crore passenger tickets had been cancelled. 

The railway has not incurred as much assets harm in a decade as it has incurred in the past few days. So far, Indian Railways has suffered losses which are better than the whole losses incurred over the last decade. According to the officials, constructing one standard train costs Rs eighty lakh, at the same time as a sleeper train and an AC train cost Rs 1.25 crore and Rs 3.5 crore according to the unit, respectively. 

To construct one rail engine the authorities have to spend upwards of Rs 20 crore. The 12-coach passenger train prices are over Rs forty crore and the 24-coach train prices are upwards of Rs 70 crore. Whether it is a protest or a motion withinside the country, railway properties are regularly subjected to destruction. Earlier in January this year, applicants had protested in opposition to the results of the RRB-NTPC exam. 

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According to the statistics obtained from the Ministry of Railways, in 2020-21, the Railways suffered a loss of more than Rs 467.20 crore because of the deteriorating regulation and order scenario and protests. In 2019-20, it had suffered a lack of more than Rs a hundred crore. 

IMPRISONMENT OF UP TO FIVE YEARS 

Damage to railway assets is a criminal offence and those can be punished with imprisonment of as much as five years. A provision has been made for punishment for this in Section 151 of the Railways Act, 1989. Section 151 says that if any individual willfully reasons harm to any railway assets by putting it on fire, through explosives or by means of any means, he will be punished with imprisonment of both descriptions for a time period which might also additionally extend to 5 years, or with a fine, or with both. 

What is considered railway property? 

Railway tracks, bridges, station buildings, carriages, locomotives, sign systems, telecommunication systems, electric-powered traction and block gadgets are the property of the railways. Apart from these, all of the properties of the primary authorities, the loss of that could cause issues in the operation of railways, may also be considered railway assets. 

WHAT IS AGNIPATH SCHEME? 

The Centre on June 14 unveiled a brand new short-term recruitment coverage for Indian adolescents to serve in the armed forces. Termed Agnipath, the scheme will permit kids aged 17.5 to 21 to be inducted into any of the 3 offerings as ‘Agniveers’ for a duration of 4 years. Both males and females can be eligible for the recruitment scheme and they may be recruited at a salary of around Rs 30,000-40,000 according to month. 

The infantrymen recruited below Agnipath can be launched from the provider after 4 years, though the brand new gadget could have a provision for keeping round 25 according to cent of them after any other round of screening. During of entirety of the engagement period of 4 years, Agniveers can be paid a one-time ‘Seva Nidhi’ package deal which shall contain their contribution consisting of accrued interest thereon, and a matching contribution from the Government identical to the accumulated quantity in their contribution including interest.

Axpert Media News Desk
Axpert Media News Deskhttps://axpertmedia.in
Axpert Media News Desk is an Internet media Website and our goal is to reach out People all over world with News, Informations & Entertainment. Ect, founder & ceo Krishnaanand

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