"E - Ticket Print Out Not Required" yes you are hearing the right thing now the IRCTC announced that they are not at all required the E-Ticket (Electronic Ticket) print out while travelling.
You have to carry the E-Ticket in the electronic modes like
Identification proofs as usual is mandatory for the validation of the ticket.
By this movement IRCTC is planning to save more than 3 Lakh A4 paper per day. I think it was a good movement done by the Indian railways.