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Posted on Jan 21, 11:19AM | IBNS
Railway fares are set to rise from today.
This is the first hike in railway fares after a decade. The last time fare was hiked was when Nitish Kumar was railway minister.
Ordinary second class suburban fares for a distance of 35km will now go up by Rs 2 from Rs 8 to Rs 10. The fare will climb by Rs 5 for an average distance of 135km for non-suburban trains, said reports.
The sleeper class hike would be around Rs 50 for a distance of 770 km and Rs 40 for 387km in the chair car. In AC three-tier, the fare will climb by Rs 76 for 717km.
In the case of AC two-tier, the new fares would be Rs 48 more for a distance of 721km, while for AC first class, it will be Rs 56 for 547km, said reports.
The increased fares are expected to generate an additional Rs 1,200 crore by the end of the current financial year.