Railway Minister Pawan Kumar Bansal on Wednesday announced a hike in railway fares, the first in the last 10 years. The new fares will be effective from midnight of January 21, 2012. Meanwhile, the Railway Minister also clarified that the fares will not be hiked in Railway Budget.
Fare hike in various categories: Second Class Ordinary Suburban - 2 paise per km Second Class Ordinary Non Suburban - 3 paise per km Second Class Mail Express Trains - 4 paise per km AC chair car - 10 paise per km AC first class - 10 paise done earlier + 3 paise per km AC two tier - 15 paise done earlier + 6 paise per km AC first class executive class - 30 paise done earlier + 10 paise per kmDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
