Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
October 31, Friday 2014 10:17 AM       
       HEADLINES: Sec 377 slapped on ‘gay’ techie                                              One more held in Kumbalam murder case                                              Man held for sexually abusing daughter                                              V S supports Governor                                              Governor need not be varsities’ chancellor: Vakkom                                              CPI(M) asks top leadership to place fresh draft on political-tactical line                                              India re-elected to UN Economic and Social Council                                              SC stays proceedings on defamation cases against Swamy                                              Bollywood actresses identified in black buck poaching case                                              UK defence Secretary meets Jaitley                                              Nearly 200 people buried in massive landslide in Lanka                                              Nikki Haley's opponent in trouble over terrible sexist remarks                                              Five Indian fishermen sentenced to death by Lankan court                                              Bengaluru FC beat Mohammedan Sporting in Durand                                              Saina climbs to No.5 in rankings                                              Advani clinches World Billiards title, bags 3 Grand Doubles                                              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
   
A A
       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.

A A
       INDIA
Next Article: Gang rape victim's family favours open court hearing
 
 
INDIA HEADLINES
Five Indian fishermen sentenced to death by Sri Lankan court  
Not inviting Modi for son's anointment: Jama Masjid's Shahi Imam  
Modi govt’s austerity drive: No meeting at 5-star hotels, no first class air travel  
Muktar Naqvi hurt while being arrested by Bengal police  
UK defence Secretary meets Jaitley  
Irish national found dead near Kanpur  
Bollywood actresses identified in black buck poaching case  
Compensation to victims of violence hiked  
Boy dies in public toilet blast  
SC stays proceedings on defamation cases against Swamy  
Delhi govt formation: SC finds LG's efforts positive  
Sena praises 'Narendra-Devendra' combine but warns BJP on NCP  
India re-elected to UN Economic and Social Council  
CPI(M) asks top leadership to place fresh draft on political-tactical line  
Jaitley asks CAG not to sensationalise its report  
Proposal to legalise prostitution to be placed before SC panel: NCW  
Former google employee held for trying to join ISIS  
All foreign bank accounts will be assessed by March 2015: AG  
Centre may opt for fresh polls in Delhi if no govt comes  
Delhi Lt governor BJP agent, says Kejriwal  
Marans summoned in Aircel-Maxis deal case  
Youth strangles to death his younger brother in Thane  
Jilted lover abducts woman to forcibly marry her  
Modi glad with response to his radio address  
Husband, in-laws kill woman for dowry  
 
Is the high court order a recognition for the government’s liquor policy?
Yes
 
No
 
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]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy