Consumers may escape Rail Budget diesel, LPG freight rate hike: Oil companies
The increase in retail rates of diesel, LPG and kerosene that is needed because of the freight increase is yet to be calculated.
Bansal said the increase in diesel prices last month had added Rs 3,330 crore to Railway's fuel bill. Also, adding to its burden, is electricity tariffs that are revised periodically.
"The increase in fuel bill during 2013-14 on account of these revisions would be more than Rs 5,100 crore," he said while proposing an across-the-board increase in freight charges of over 5 per cent.
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