Press Esc to close
Friday 18 August 2017
News updated at 2:45 AM IST

Rlys chugging close to passenger fare hike

New Delhi, Nov 21, 2012, DHNS: 1:39 IST
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
A fruit vendor, holding an umbrella, waits for customers at a street in Kolkata on Thursday.

A fruit vendor, holding an umbrella, waits for customers at a street in Kolkata on Thursday.

Ranbir Kapoor, actor and co-owner Mumbai City FC meeting fans during the Indian Super League...

Ranbir Kapoor, actor and co-owner Mumbai City FC meeting fans during the Indian Super League...

India's Ramandeep Singh in action against Austria in their final encounter of the Europe Tour...

India's Ramandeep Singh in action against Austria in their final encounter of the Europe Tour...

People from Parsi community cut a cake to celebrate their new year, Navroze, in Ahmedabad on ...

People from Parsi community cut a cake to celebrate their new year, Navroze, in Ahmedabad on ...

Nail artist Murari Aditya, 75 years, shows his 38 inch long nails, at his residence in Kolkata ...

Nail artist Murari Aditya, 75 years, shows his 38 inch long nails, at his residence in Kolkata ...

The first batch of Dasara elephants being welcomed on their arrival at Mysuru Palace on Thursday.

The first batch of Dasara elephants being welcomed on their arrival at Mysuru Palace on Thursday.

: Participants struggle during a greased-pole climbing competition held as a part of independence...

: Participants struggle during a greased-pole climbing competition held as a part of independence...

Activist Irom Sharmila with her husband British citizen Desmond Coutinha after getting married...

Activist Irom Sharmila with her husband British citizen Desmond Coutinha after getting married...

A visitor looks at an art installation, symbolizing the partition of India and Pakistan...

A visitor looks at an art installation, symbolizing the partition of India and Pakistan...

Artist Sunil Paul gives finishing touches on a statue of St. Mother Teresa at his studio...

Artist Sunil Paul gives finishing touches on a statue of St. Mother Teresa at his studio...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.