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Lower diesel prices among reasons behind no hike in rail fares

Last Updated: Thursday, February 26, 2015, 21:48

Railway Minister Suresh Prabhu Thursday said decline in prices of diesel, a major source of fuel for railways, is one of the reasons behind the government's decision not to hike passenger fares.

Railways' freight revenue to rise 14% to Rs 1.21 lakh cr

Last Updated: Thursday, February 26, 2015, 17:40

In 2014-15 (revised estimate), the revenue from movement of goods will rise to Rs 1,06,927 crore from Rs 93,095 crore in the previous year, according to the Rail Budget document.

Rail Budget futuristic, passenger-centric: PM Modi

Last Updated: Thursday, February 26, 2015, 17:30

He said the budget is a watershed moment for the railways, marking a paradigm shift from mere announcement of number of trains to a comprehensive railway reform.

Rail Budget 2015: No passenger fare hike, no new trains; tickets 120 days in advance

Last Updated: Thursday, February 26, 2015, 14:12

Railway Minister Suresh Prabhu spared passengers from any hike in fares but made changes in freight rates to rake in more money while ruling out privatisation.

Railway passenger fare won't be reduced despite diesel price cut: Suresh Prabhu

Last Updated: Saturday, January 31, 2015, 23:18

Union Railway Minister Suresh Prabhu on Saturday said that although diesel prices have come down, reduction in passenger fares is unlikely to happen.

Rail fare hike proposal under examination: Kharge

Last Updated: Thursday, October 3, 2013, 15:02

A proposal to increase rail fare is under examination and a decision will be taken shortly, Railway Minister Mallikarjun Kharge on Thursday said.

BJP demands roll back of rail passenger fare hike

Last Updated: Thursday, March 7, 2013, 19:22

Accusing the government of raising rail fares through back door, the Opposition on Thursday demanded 21 per cent roll back of the passenger fare hike announced ahead of the rail budget.

Tirupur exporters body welcomes rail budget

Last Updated: Tuesday, February 26, 2013, 17:51

The Tirupur Exporters' Association (TEA) said the sparing of any increase in passenger fare would be beneficial for the hosiery town as a large number of people travelled there for employment.

Railways to seek Rs 38,000 crore as budgetary support from Finmin

Last Updated: Friday, February 1, 2013, 21:33

Railways had received Rs 24,000 crores from the Finance Ministry as support in the current fiscal.

Rail Minister hints at passenger fare hike

Last Updated: Thursday, November 29, 2012, 16:11

Railway Minister Pawan Kumar Bansal on Thursday hinted at a hike in passenger fare as he asked Parliamentarians to be "realistic" if they want the railways to move forward.

New Railway Ministers not averse to passenger fare hike

Last Updated: Monday, October 29, 2012, 20:57

With the Ministry coming into its fold after a gap of 16 years, Congress Ministers incharge of Railways gave enough hint of taking up reform including hike in fares which its former ally TMC had strongly opposed.

BSP, AIADMK, Left want rollback of fare hike

Last Updated: Wednesday, March 21, 2012, 20:43

Members belonging to BSP, AIADMK, and Left parties made a strong demand that the hike in passenger fares announced in the Rail Budget be withdrawn.