The on-line railway ticket booking business will lose Rs. 300 crore per month and hardship for travellers will increase following the recent decision of the railway to suspend 1.50 lakh authorised e-ticketing agents, according to agents.
Effective March 1, Indian Railway Catering and Tourism Corporation Ltd (IRCTC), through a simple notification, barred nearly 1.50 lakh authorised e-ticketing agents from operating, citing misuse of Tatkal facility as well as creation of multiple user IDs on IRCTC website.
According to an e-ticket agent, Shyam Gupta, these 1.50 lakh agents were selling around three lakh tickets valued at around Rs. 10 crore per day.
"A few franchisees of leading e-ticket agents might have misused the facility for making a fast buck, but IRCTC should not penalise the entire industry," Gupta said.
Some of the big e-ticket agents like OSS Retails Pvt Ltd, ITZ Cash Card Pvt Ltd and Suvidha Star Net Pvt were offering e-tickets through franchisees. E-ticketing agents usually charge extra Rs. 5 to 10 per ticket.
Source - Indian Express