Railway fares to go up from Dec 26, to yield Rs 600 crore extra revenue

Date:

Share post:

spot_imgspot_img

New Delhi, Dec 21: Indian Railways on Sunday announced a revision in fares with effect from December 26 this year, aimed at a Rs 600 crore increase in revenue.
Under the new ticket pricing structure, passengers will pay an extra 1 paisa per km on journeys beyond 215 km in Ordinary Class, and 2 paise per km for Mail and Express non-AC and AC classes. Passengers on a 500 km non-AC journey will pay an additional Rs 10 for their journey. There is no increase in ticket prices for passengers travelling on routes shorter than 215 km.
Fares have also not been raised for suburban and monthly season tickets to ensure travel remains affordable for low and middle-income families.
“Over the past decade, the Indian Railways has significantly expanded its network and operations, reaching even the remotest corners of the country. To support this higher level of operations and further enhance safety, the railways its increasing its manpower. Consequently, manpower cost has increased to Rs 1,15,000 crore. Pension cost has increased to Rs 60,000 crore. Total cost of operations has increased to Rs 2,63,000 crore in 2024–25,” the Ministry of Railways said in a statement.
To meet the higher manpower costs, the railways said it is focusing on increasing cargo loading, along with a small amount of rationalisation of passenger fares.
“Due to these efforts on safety and improved operations, railways have been able to improve safety substantially. India has become the second-largest cargo-carrying railway in the world,” the statement added. (IANS)

spot_imgspot_img

Related articles

Foreign investments growth shows confidence in economy, says RBI

Mumbai, Jul 22 (PTI) Indian economy has navigated the external uncertainties well and the recovery of foreign investments...

US tariffs on generic medicines likely to impact India: GTRI

New Delhi, July 22: The proposed steep tariffs announced by the US on generic medicines could significantly affect...

India’s edible oil import may rise to Rs 1.75 lakh cr in 2025-26

New Delhi, July 22: India's edible oil import bill is estimated to rise 9 per cent to Rs...

The War People & The Making of Khasi Identity

By Bhogtoram Mawroh When one talks about Khasi history, it feels like groups such as the Synteng and...