Changes in rail tariffs only after regulator in place

Rail regulator Bill to be taken up in next Parliament session

As a follow-up to the historic decision to merge the railway Budget with the general Budget, the Union government is likely to present the Bill to set up an independent regulator for the railways in the next session of Parliament.

Till then, a hike in fares, passenger or freight, is unlikely. 

According to sources close to the development, the Narendra Modi-led government wants to give judicial powers to the tariff authority. When asked about this, the financial commissioner of the railways, B B Verma, said: “As of now, there is no proposal to increase fares immediately. We are in the process of