Achche din aa gaye: Passenger train fares hiked by 14 pc from today

June 20, 2014 17:32

Meanwhile, passenger train fares have been increased by 14 per cent from today, while freight charges went up by 6.5 per cent.

The moves come ahead of the Rail Budget 2014 to be presented by Railway Minister Sadananda Gowda next month.

The earlier UPA government had left passenger fares unchanged in the interim railway budget in February ahead of the general elections, leaving the difficult job of managing the national transporter's weak finances to the next government.

Currently, railways is facing severe financial crunch with passenger subsidy touching Rs 26,000 crore.

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