Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
November 22, Saturday 2014 8:11 AM       
       HEADLINES: Do at least dog's job before demanding gawking wage, HC tells union leaders                                              SC scanner on Govt decision to drop German as 3rd language in KVs                                              Nigeria: 45 dead in suspected Boko Haram attack                                              Japan 'black widow' still on hunt as husband No 4 died                                              61 Indian fishermen arrested in Pakistan                                              Obama provides legal status to five million illegal immigrants                                              Paes-led Punjab Marshalls suffer second straight loss                                              India tour pull-out: Windies task force begins probe                                              Saina bows out of Hong Kong Super Series                                              Boxing India to issue show cause notice to Sarita's husband, coach                                              Kaumudi Facebook
       INDIA Next Article: Gang rape victim's family favours open court hearing  
       Railway fares hiked, to be effective from Jan 21 midnight
         Posted on :15:41:53 Jan 9, 2013
       Last edited on:16:37:40 Jan 9, 2013
         Tags: train fares, hiked

NEW DELHI: Ahead of the proposed railway budget for 2013-14, Railway Minister Pawan Kumar Bansal on Wednesday announced a fare hike that will take effect from January 21 midnight.

Addressing a press conference here, Bansal said that having hiked the railway fares now, the government will not increase the tariff in the budget.

"Train fares will be hiked from January 21 for all passengers, including the AC-1 and AC-2 tier passengers who were affected in early 2012. The hike will be two paise per km to 10 paise per km across classes. All fares will be rounded off to Rs 5, and there will be no fare hike in the Railway Budget," he said.

Justifying the hike, Bansal said passenger segment losses are likely to touch Rs 25,000 crore in the current fiscal.

"Input costs have increased immensely while rail fares have remained stagnant. In fact there was a decrease in lower class fares. Given economic slowdown, we have not been able to so far achieve this year's targets in either freight or fare side," he added.

He said that the slowdown has further impacted railways' earnings.

He further said that extra revenue earned through the fare hike will be used to maintain cleanliness and safety.

This is the first railway fare hike in ten years.

Next Article: Gang rape victim's family favours open court hearing
India's Mangalyaan among best inventions of 2014; says Time  
World's first White Tiger Safari to come up in Madhya Pradesh  
Trinamool MP arrested, CBI also interrogates 2 other lawmakers  
India's first aircraft carrier INS Vikrant to be broken up  
SC scanner on Govt decision to drop German as 3rd language in KVs  
President Obama accepts PM Modi's Republic Day invitation  
Saradha scam: Bengal minister, MP grilled by CBI  
Issuance of driving licenses to be computerised: Gadkari  
JK polls: Sonia targets BJP, promises slew of development measures  
Black money can destabilize world peace: PM  
CBI's Additional Director R K Dutta to head 2G case  
Kohli confirms relationship with Anushka  
Omar hopes removal of Tosha firing range will pay dividends  
Voting for 46 civic bodies in Rajasthan tomorrow  
Case registered against five for throwing garbage  
Coronation of next Imam has no legal sanctity: HC  
India must be prepared to use might if need arises: Prez  
Magnitude-5.4 quake rocks Mizoram  
Five fishermen freed reach Chennai  
Pakistan Maritime Security Agency apprehends 56 fishermen  
Modi among Time magazine's 'Person of the Year' contenders  
Anointment ceremony of Shahi Imam's son illegal: HC told  
Court directs CBI to further probe against ex-Coal Secy, otrs  
Ban Ebola patients from entering Goa: Ex-CM  
Rampal booked for murder, SIT formed, Ashram cleared: DGP  
Do you think that case against Praveen Togadia was withdrawn to please communal forces?
Don't Know
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy