Don’t miss the latest developments in business and finance.

Rail passenger fares up 14.2 percent

Image
IANS New Delhi
Last Updated : Jun 20 2014 | 6:07 PM IST

The government Friday raised the railway passenger fares by 14.2 percent in all classes and freight charge by 6.5 percent.

The new passenger fare and freight rates will come into effect from June 25, the railway ministry said in a release.

The ministry said the revision of rates was done as part of interim budget presented by the previous government, but was not implemented because of the elections.

The release said the annual expenditure of the ministry could not be met unless the revised rates as finalized by previous government is implemented.

Also Read

First Published: Jun 20 2014 | 6:02 PM IST

Next Story