Freight rate for grains, pulses, groundnut oil hiked by 6% by Rail Budget 2013

2012-13, my predecessor had proposed to segregate fuel component in tariffs as FAC. As then suggested, I propose that this component be dynamic in nature and change in either direction with the change in fuel cost, say twice a year. It is proposed to implement the FAC-linked revision in only freight tariff from April 1, 2013," he added.

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