For prophets of doom and cassandras of doubt. A small figure of a miniscule amt of swipe card transactions of PRS bookings on South Central Railway. Yday figures- Rs 1.8 crs. This is across the counter not net booking. Net booking in India is 70 % . And this figure is of only SCR , where barely 10% POS have been installed. Once all machines are configured you can imagine the level of digitisation. Most importantly the money is directly going to the bank. That saves manpower of railways. SBI will be providing Indian Railways 10000 POS. Figure will increase. Ofcourse I am for once not stating people are not suffering , rural distress etc
Monday 19 December 2016
POS ON Railways
For prophets of doom and cassandras of doubt. A small figure of a miniscule amt of swipe card transactions of PRS bookings on South Central Railway. Yday figures- Rs 1.8 crs. This is across the counter not net booking. Net booking in India is 70 % . And this figure is of only SCR , where barely 10% POS have been installed. Once all machines are configured you can imagine the level of digitisation. Most importantly the money is directly going to the bank. That saves manpower of railways. SBI will be providing Indian Railways 10000 POS. Figure will increase. Ofcourse I am for once not stating people are not suffering , rural distress etc
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