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Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the state-owned Indian Railways. It was established in 1999 by the Government of India and operated under the administrative control of the Ministry of Railways .
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Indian Railways Catering and Tourism Corporation (IRCTC) was incorporated in 1999 and online ticketing was introduced on 3 August 2002 through IRCTC. [37] In 2015, the first Compressed Natural Gas (CNG) powered trains were rolled out. [38] Since 1925, the Railway budget was presented before the Union budget till 2016.
Next Generation e-Ticketing (NGeT): The Internet-based E-ticketing reservation system, developed for IRCTC, that connects at the back-end to PRS. [7] Computerization of Indian Railways' Unreserved Ticketing System: Unreserved ticketing is a major component of IR's ticket volume, and an important source of revenue.
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Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings.
Minister of Railways, Lalu Prasad after giving final touches to the Railway Budget 2009–10, in New Delhi on February 12, 2009. Railway budget of India was the Annual Financial Statement for Indian Railways administered by the Railway Board, which handles rail transport in India.
Thus IR is in a watershed period in its history today and therefore drastic action needs to be taken in a number of areas to make this august organisation the country's pride once again. The officers of IRAS along with the executives responded to the challenges and within a short period of 5–6 years, Indian Railways was a financially vibrant ...