Title - 1000% hike in AC First Class seat bookings!

Just a day after Indian PM announced demonetization of 500 and 1000 rupee notes Indian Railway has seen a surge in ticket bookings. People are lining up for hours to book tickets as 500 and 1000 rupee notes can be used to book railway tickets but what came as surprise is that AC First Ticket booking witnessed a whopping 1000% increase.

Compared to 2000 tickets that were booked on an average before demonetisation, 27000 tickets were booked. Also compared to 37000 tickets sold a day before railway sold 70000 tickets which amounts to 90% hike.

Although when Railway took additional measures to check unusually high amount of bookings, it dipped next day, but bookings for AC First Class maintained a consistent 800% hike followed by 73% hike in AC third class bookings.

Railway officials has been instructed to book tickets worth rupees 50,000 or more only after obtaining PAN Card.