Rail fares hiked across all passenger classes after 10 years

Last Updated: Wednesday, January 9, 2013, 09:10

Railway Minister Pawan Kumar Bansal Wednesday effected an across-the-board hike in fares of all classes from midnight of January 21 to net an additional Rs 6,600 crore a year, the first such increase in a decade.

Rail fares to go up next year: Minister

Last Updated: Sunday, December 16, 2012, 20:33

Train fares might go up next year as an increase has become necessary to meet the financial situation of the Railways which was "not sound", Minister of State for Railways Kotla Suryaprakasha Reddy said.

May hike railway fare to improve services: Bansal

Last Updated: Monday, October 29, 2012, 14:51

New Railway Minister Pawan Kumar Bansal Monday gave ample hint of a possible passenger fare hike to improve services in the railways.

Service tax: Govt exempts rail fares, freight till Sept

Last Updated: Monday, July 2, 2012, 12:24

Passenger fares and freight charges will not go up immediately as the Finance Ministry Monday issued a notification exempting the railways from 12 percent service tax for three months till September 30.

Several rail projects behind schedule, cost overruns in crores: Govt data

Last Updated: Sunday, April 8, 2012, 12:10

Delay in execution of a number of key Railway projects has resulted in cost overruns of more than 100 percent, according to the latest government data.

Plan panel favours Rail Tribunal over Ministry to fix passenger fares

Last Updated: Sunday, April 8, 2012, 10:25

In a move that would dilute the authority of Railways to fix passenger fares, a Planning Commission group has suggested giving the powers to decide tariffs to the Railways Rate Tribunal (RET), a quasi-judicial body which adjudicates freight disputes.