Railway Accounts Department Examinations

Monday, September 23, 2024

IRCTC

IRCTC 

  • Full form: Indian Railway  Catering & Tourism Corporation

 

  • Incorporated on 27th September, 1999  (incidentally, World Tourism day falls on 27th September)

 

  • Headquarters: New Delhi (Registered & Corporate Office)

 

  • CMD - Chairman & Managing Director: Shri Sanjay Kumar Jain, IRTS 1990 (From February 2024 onwards) 

 

  • Zonal Offices - 5 ( New Delhi, Mumbai, Kolkata, Chennai & Secunderabad)

 

  • Regional Offices - 10 ( Lucknow, Chandigarh, Jaipur, Bhopal, Ahmadabad, Guwahati, Bhubaneshwar, Patna, Ernakulam & Bangalore)

 

  • Internet Ticketing Office - New Delhi

 

  • Tourism Office - New Delhi

 

  • Mini Ratna (Category 1) CPSE (Central Public Sector Enterprise)

 

  • Extended arm of Indian Railways in the areas of Internet ticketing, catering, tourism & Rail Neer packaged Drinking Water

 

Vision:  

 

1.       Global Reservation System

2.       Professionalization of  Catering & Hospitality services

3.       Development of Budget Hotels

4.       Special Tourism packages.

 

IRCTC is the fourth Railway company to be listed on the bourses after RITES, Rail Vikas Nigam Ltd and IRCON International Ltd.

The initial public offering (IPO) of ₹645 crore concluded in October, 2019.

Subscribed 112 times at a price band of ₹315-320 per share (Face Value is Rs. 10), making it the most successful share sale since January 2018.

IRCTC stock price as on 22.09.2024 is Rs. 890 /- 

139 - IRHES stands for Integrated Railway Helpline & Enquiry System 

 

The government now owns 62.4% stake in the railway tourism company (as on 30.06.2024

 

                                                         Core activities

Internet Ticketing

Catering & Hospitality

Travel & Tourism

Packaged Drinking Water(Rail Neer)

Internet Ticketing:

Started in the year 2002 (first day - 27 tickets) with i-Ticket.  Later, e-Ticket was introduced in the year 2005

2023-24 year data - No of Tickets Sold (in brackets 2022-23)

In One Year

In One day

In One Hour

In One Minute

In One Second

45.30 Crores

(43.13 Crores)

12.41 Lakhs

(11.82 Lakhs)

51700

(49200)

860

(820)

15

(14)

  • IRCTC Mobile App - Approximately 10 Crores Users

 

  • Mobile app downloads (Android & iOS)- 12.20 Crores (as on 31.03.2024) 

 

  • IRCTC's share in Total Train Reserved Tickets   - 83 % as on 31.03.2024.  Hope the share will climb up to 95 % in the coming years. (54% as on 31.03.2015) 
  •  Record break - Highest booking - 28434 tickets in one minute ( 11.02 AM of 12.11.2022)  - Tatkal time - (474 tickets per second) 
  • New initiatives in Ticketing sector.

1.       Waitlist confirmation prediction facility

2.       Facility of Book now pay later (after 15 days)

3.       Train Vacant Seat chart module - to view complete information of vacant, booked and partially booked berths in a train reservation chart

Catering & Hospitality

  • One of the largest hospitality & catering companies of the country.
  • Covering Passenger trains, Railway Stations etc.
  • On board catering services - 480 trains (incl: Rajdhani, Shatabdi, Duronto, Gatiman, Vande Bharat & Tejas)
  • TSV - Train Side Vending services in Trains which do not have pantry car provision.
  • Catering Policy 2017 - Divides Catering business into " Meal Production" and " Meal Distribution".
  • Executive Lounges at important stations with facilities of reclining sofa, buffet service, wi-fi, shower like in Airports with nominal charges.
  • E- Catering facility - Order online.
  • Live streaming of 43 Base Kitchensclick for New Delhi Base kitchen 

 

Travel & Tourism

  • Rail tour packages  - Runs 70 Rail tours
  • Special Tourist trains  - Bharat Darshan,  Aastha circuit
  • Buddhist circuit train
  • Majestic tourist train - to cover important destinations in Rajasthan 

 

·         Maharajas' Express - The best luxury train in the World  (for 2 people - 4 days journey covered Agra & Jaipur costs Rs. 6 Lakhs approx)   click for more information 

  

Public can book Trains, coaches and saloons exclusively for any event/function through online.

  • Retiring Rooms - Major Railway Stations
  • Budget Hotels - Rail Yatri Niwas at New Delhi and Howrah.  BNR(Bengal Nagpur Railway - old name of South East Railway)  Hotels at Puri & Ranchi.
  • Air ticketing through IRCTC website.

Rail Neer Plants

·         Branded packaging water "Rail Neer" for Rail commuters

·         19 operational Rail Neer plants.

********

 


Monday, September 16, 2024

Abbreviations - Stores


Abbreviations - Stores Department


SN

Abbreviation / Acronym

Stands for


AAC

Average  Annual Consumption  / Anticipated  Annual Consumption


ACASH

Association of Corporation and Apex Societies of Handlooms


ADMM

Assistant Divisional Material Manager


ADRS

Additional Director  Railway Stores


AIS

Advance Intimation sheet


AIS &ES

Advance Intimation sheet  &  Estimate  sheet


AMM

Assistant Material  Manager


AMRS

Additional Member Railway Stores


ASTM

American Society of Testing Material


BAR

Book Average Rate


BDL

Below Danger Level


BS

Buffer Stock


BSS

British Standard and Specification


BT

Bulletin Tender


CDMS

Chief  Depot Materials   Superintendent


CIF

Cost Insurance and Freight


CIRO

Centralized Inspection Receipt Order


CMM

Chief Materials  Manager


CP

Contract Period


DC

Denial Clause


DDO

Direct Demanding Officer


DDRS

Deputy Director Railway Stores


DGS & D

Directorate General of Supplies & Disposal


DGTD

Director  General of Technical Development


DMI

Director of Metallurgical Inspection


DMM

Divisional Material Manager


DMS

Depot Material  Superintendent


DO

Delivery Order


DOI &DMI

Director of Inspection and Director of Metallurgical Inspection


DP

Delivery Period


DQA

Director of Quality Assurance


DRR

Daily Receipt Register


DSC

Digital Signature Certicate


DSS

Depot Stock Sheet


DT

Depot Transfer


Dy.CMM

Deputy Chief Material  Manager


EDRS

Executive Director  Railway Stores


EMD

Earnest  Money  Deposit


EOQ

Economic Order Quantity


ERM

Emergency  Recoupment Memo


FAS

Free Along Shore


FDP

Free Delivery Period


FE

Foreign Exchange


FIFO

First In First Out


FOB

Free On Board


FOR

Free On Rail


FPRS

Firms Performance  and Registration Section


FSN

Fast moving,  Slow moving  and Non moving


GATT

General Agreement on Tariffs & Trade


GD

General Damages


GeM

Government electronic Marketplace


GST

Goods and Service  Tax


GT

Global Tender


HSN

Harmonized System of Nomenclature


IC

Inspection Certificate


IEEMA

Indian Electrical &  Electronics  Manufactures Associations


IMMS

Integrated Material Management System


IP

Interim Period


IREPS

Indian Railways Electronic Procurement System


IRS

Indian Railway Standards


IRSS

Indian Railway Stores Services


ISA

Inspector Of Stores Accounts


ISI

Indian Standards Institute


ISO

Indian Standard Organization


ISS

Indian Standard Specification


ITCC

Income Tax Clearance Certificate


ITI

Indian Telephone Industries


KVIC

Khadi & Village Industries  Commission


LC

Letter of Credit


LD

Liquidated Damages


LP

Local Purchase


LT

Limited Tender


M &  P

Machinery & Plant


MA

Modification Advice


MCDO

Monthly Confidential Demi-Official


MMIS

Materials  Management Information System


MMTC

Mineral Metal Trading Corporation


MODVAT

Modified Value Added Tax


MSME

Micro  Small & Medium Enterprises


MSOP

Model Schedule Of Powers


NAIR

National Academy Of Indian Railways


NLC

No Loss Certificate


NOC

No Objection Certificate


NRM

Normal  Recoupment Memo


NSIC

National Small Industries Corporation


NTC

National Textile Corporation


NTH

National Test House


PL Number

Price List Number


PAC

Proprietary Article Certificate


PCMM

Principal Chief Materials Manager


PD

Periodical Demand


PO

Purchase Order


POL

Petroleum , Oil  &  Lubricants


PVC

Price Variation Clause


PWB

Parcel way  Bill


QAP

Quality Assurance Programme


QMS

Quality Management System


RC

Rate Contract


RGC

Running Contract


RLO

Railway Liaison Officer


RMC

Railway Material Consignment


RO

Receipt order


RP

Reserve Price


RR

Railway receipt


SAB

Stores Account Branch


SAIL

Steel Authority of India Limited


SD

Security  Deposit


SF

Standard Form


SINT-DT

Stores -IN- Transit-Depot Transfer


SINT-P

Stores -IN- Transit-Purchase


SLT

Special  Limited Tender


SMM

Senior Material Manager


Sr.DMM

Senior Divisional Material Manager


Sr. MPS

Senior Manager Printing & Stationary


SSI

Small Scale Industries


T & P

Tools & Plant


TC

Tender Committee


TISCO

Tata Iron & Steel Company


TOR

Turn Over Ratio


UDM

User Depot Module


UL Number

Unified List Number


VED

Vital, Essential & Desirable


WRA

Warranty Rejection Advice