Railway Board Chairman VK Yadav has indicated that rail fares may increase. He said that the railway is in the process of rationalizing passenger and freight rates. However, he refused to say what the fare would be increased under this process. Yadav said that Indian Railways has taken several steps to deal with the declining revenue.
Railway Board Chairman VK Yadav has indicated that rail fares may increase.
The chairman further said that increasing the fare is a sensitive issue and it will require lengthy discussion before taking a final decision. “We are rationalizing fare and freight rates,” he said. It is being considered. I cannot say more than this, it is a sensitive subject. Since freight fares are higher than before, our goal is to bring maximum traffic from the road to the railways.