Question : Losses Borne by IRCTC

(a) whether the Government has started the process to recover losses of crores of rupees suffered by IRCTC;

(b) if so, the details thereof;

(c) the reasons for losses suffered by IRCTC;

(d) whether the Government has assessed the extent of losses suffered by the IRCTC and if so, the details thereof; and

(e) the time by which the Government is likely to bail out IRCTC from this loss?

MINISTER OF STATE IN THE MINISTRY OF RAILWAYS

(SHRI RAJEN GOHAIN)

(a) & (b) : Indian Railway Catering and Tourism Corporation Limited (IRCTC) has not incurred losses since inception .
(c) to (e): Do not arise.

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