Press Esc to close
Tuesday 21 October 2014
News updated at 3:16 AM IST
Weather
Max: 30.8°C
Min : 20.1°C
In Bangalore
Sunny day

Rlys chugging close to passenger fare hike

New Delhi, Nov 21, 2012, DHNS:

Railway Minister Pawan Kumar Bansal on Wednesday indicated that his ministry was moving closer to raising the railway fares.

The minister told reporters that his ministry was working on setting up a Rail Tariff Authority (RTA) which would suggest the quantum of passenger fare hike after taking into consideration all operational costs like existing diesel and power rates.

"The ratio of passenger fare to freight is 0.3:1 in India. In China it is 1.3:1. So you can imagine how low our passenger fares are,” he said.


Arguing for the physical and financial health of railways, he said railway revenue was increasing, but cross subsidisation for passengers fares was very high. “...There is a need to do something about it (fare hike). But there are many reasons for not being able to do it.
There is a need for depoliticisation of fare hike proposals,” the minister told reporters.
Fare for AC Ist and AC 2nd class were raised in the last budget though the others were left untouched

Go to Top

Photo Gallery
Army recruits during their attestation parade at Madras Regimental Centre, Wellington, Ooty on...

Army recruits during their attestation parade at Madras Regimental Centre, Wellington, Ooty on...

In this Wednesday, Oct. 15, 2014 photo, a Kashmiri woman blocks a road during a protest demanding...

In this Wednesday, Oct. 15, 2014 photo, a Kashmiri woman blocks a road during a protest demanding...

Prime Minister Narendra Modi at the 42nd Convocation of the All India Institute of Medical...

Prime Minister Narendra Modi at the 42nd Convocation of the All India Institute of Medical...

Devendra Fadnavis hugs his mother Savita after his victory during the Assembly election in...

Devendra Fadnavis hugs his mother Savita after his victory during the Assembly election in...

Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523