Indian Railways may rationalise fare, cut freight rates to boost economy

In September, the railways had announced several incentives to boost freight traffic

The railways may cut freight rates in a bid to boost economic growth, besides “rationalising” passenger fares. While Railway Board Chairman V K Yadav refused to say if passenger fares would see an increase, he hinted that freight rates might be reduced.
 
"We are going to rationalise the fares and freight rates. Something is being thought about. I cannot divulge more as this is a sensitive subject. While freight fares are already high, our target is to draw more traffic from road to railways in this regard," Yadav said on Thursday.
 
In September, the railways had announced several