2% rail fare hike from Oct. 7 by nikhilndls on 05 October, 2013 - 08:00 AM | ||
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nikhilndls | 2% rail fare hike from Oct. 7 on 05 October, 2013 - 08:00 AM | |
After the January 21 fare hike, the railways have decided to again raise passenger and freight tariffs from October 7 and 10 respectively, to factor in the fuel adjustment cost, that was due on October 1. Passenger fares will now go up on an average two per cent, while it would be a 1.7 per cent hike in the case of freight. With this, the railways will mop up an additional `1150 crores in the remaining six months of this financial year, said Amitabh Lal, additional member (commercial) of the Railway Board. The passenger fare hike will largely impact mail and express trains, and there would be no effect on suburban trains, that carry 50 per cent of all rail passengers. Second-class passenger trains were also spared, Mr Lal said. |