Budget 2026: Senior Citizens May Get Rail Concession Back, Says Report

• Finance Minister Nirmala Sitharaman to present the Budget on February 1, with a potential major relief for senior citizens.
• The government is seriously considering restoring the rail fare concession for senior citizens, which was suspended during COVID-19.
• High-level discussions have taken place between the Finance Ministry and Railway Ministry regarding this matter.
• Before the pandemic, men aged 60+ received 40% off, and women aged 58+ received 50% off on all classes.
• The concession was halted due to financial losses, costing railways ₹1,600-₹2,000 crore annually, but demand for its restoration is high.

Why It Matters: Senior citizens may see their rail fare concessions restored in Budget 2026, offering significant financial relief.