Bansal signals reform, raises railway fares

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Avishek G Dastidar: New Delhi, Jan 10 2013, 01:47 IST
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Railway Minister Pawan Kumar Bansal on Wednesday bit the bullet and raised fares for all classes, including the politically sensitive unreserved and Sleeper classes.

Fares had remained unchanged since 2001-02 under populist ministers Lalu Prasad and Mamata Banerjee until Dinesh Trivedi proposed increases in 2012 — a decision that cost him his job, followed by a rollback in all classes except the most expensive AC First Class, Executive Class and 2 Tier, and First Class.

Bansal’s unusual move, made less than two months before he is scheduled to present his first budget, indicated the gravity of the crisis, which the minister said was having a “telling effect” on the Railways’ finances.

The new fares will be applicable from the midnight of January 21-22. Passengers who have already bought tickets will have to pay the balance on the train.

General and Sleeper class fares will go up by 2-4 paise and 6 paise respectively per kilometre of travel. An AC 3 Tier ticket, popular among the middle class, will cost 10 paise more per kilometre.

First Class, AC First Class and AC 2 Tier fares will go up by 3 paise, 10 paise and 6 paise respectively for every kilometre of travel. Last year’s railway budget had raised fares in these classes by 10 paise, 15 paise and 30 paise respectively per kilometre; fares have now been raised a second time in nine months.

The lowest suburban fare will now be Rs 5 instead of Rs 3. All fares across the board will

... contd.

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Reader's Comments (7)| Post a Comment

RAILWAY FARES

sri | 10-Jan-2013Reply | Forward
1)Its totalty the collection of funds for 2014 election in the name of reform.Nothing else. 2)In a democratic country how these (some netas)people taking decision and peoples are accepting. 3)There is no difference if congress will come to power or not because they are raising the fund for next 100 (probably 20 times term elections) years.and depositing the money swiss bank. 4)Since railway making huge profit from last 20 years where that money went and what king of reform these people done?????Any single example can provide?????? ANS:NOOOO 5) All are drama. Small comparision of rates: Item Before2008 After 2008 Dal 35 rs/kg 95 rs/kg Oil 45 rs/ltr 105 rs/ltr Sugar 14 rs/kg 46 rs/kg petrol 45 rs/ltr 85 rs/ltr salt 7 rs/kg 17 rs/kg water 10 rs/ltr 18 rs/ltr Now you can imagine.....not necessary to explain

railway fares

arvind | 10-Jan-2013Reply | Forward
well done Mr. Minister, it should have been done long ago, instead of losing lives in accidents, as there was no money for safety measures. Can we say....bye bye LALLU & MAMTA Era, where populistic steps were more important than public itself.

RAIL FARE HIKE FOR REFORMS

RAJAT KUMAR MOHINDRU .JALANDHAR CITY.PUNJAB | 10-Jan-2013Reply | Forward
The hike in the Railway Fare in the Pre Budget Period when the Union Railway Budget is to be tabled in the Parliament in the month of Feburary is against the norms of Democracy . The hike in the Rail Fare for reforms is not justified as the reforms can implemented by plugging the Leakages of Financial Losses by increasing the operation of Passengers Trains . Really it is unjustified the hike comes in the month of Jan 21 2013 just a month ahead of the Railway Budget .

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