Will your train ticket price go up after Indian Railways fare revision from Dec 26? What you need to know
Indian Railways's fare revision from December 26 onwards is expected to bring in Rs 600 crore in additional revenue
Indian Railways's fare revision from December 26 onwards is expected to bring in Rs 600 crore in additional revenue
Indian Railways's fare revision from December 26 onwards is expected to bring in Rs 600 crore in additional revenue
Indian Railways's fare revision from December 26 onwards is expected to bring in Rs 600 crore in additional revenue
The Indian Railways on Sunday announced that it would be hiking passenger fares from December 26 onwards, in a move that is expected to bring in a Rs 600 crore revenue gain for one of India's largest employers.
Under the new fare structure, passengers will be charged an extra fare of Rs 0.01 per kilometre on journeys beyond 215km in Ordinary Class. The extra fare increases by Rs 0.02 per kilometre for Mail, Express Non-AC, and AC classes.
For passengers travelling more than 500km, in the Non-AC Class, there will be a hike of Rs 10, while there will be no change in ticket rates for those travelling via routes less than 215km.
IR has also not increased fares in the suburban and monthly season tickets, in the interest of keeping tickets affordable for low-income and middle-income families.
The fare revision is expected to generate Rs 600 crore in additional revenue, which is expected to offset the operational costs, which the railways ministry said had risen sharply in recent years.
(More details are awaited.)