Rise in passenger rail fare, diesel price hike proposed by Government
Rise in passenger rail fare, diesel price hike proposed by Government.
On diesel, it has proposed a 3-4.50 per litre hike in one go or in monthly instalments of Re 1 or Rs 1.50 per litre. From April, it wanted Re 1 a litre increase every month till such time that the current loss of Rs 10.16 is wiped out. Indian train fares were hiked across the board for the first time in 10 years, with Railway Minister Pawan Kumar Bansal saying this was needed to keep the world’s second largest network going.