Railway Minister Dinesh Trivedi on Wednesday hiked passenger fares across all classes in his maiden Rail Budget. The minister also announced more than 100 new trains, enhanced frequency or routes for many others and plans to hire more than one lakh employees.
The Indian Railways will increase passenger fares by up to 30 paisa per km in 2012-13. This will be the first increase in passenger fare in nine years.
FULL COVERAGE:Railway Budget 2012-13
"I propose to rationalise the fares," Trivedi said while presenting his ministry's Budget for 2012-13 financial year.
"I am asking for an extra only 2 paisa per km for suburban and ordinary second class, similarly an increase of three paise per km for mail and express trains and for sleeper class only by five paise per km," the minister said.
Trivedi said fares for AC chair car and three tier category will be increased by 10 paise per km, for two tier by 15 paise per km and for AC first class by 30 paise per km.
Presenting the annual Rail Budget for the financial year 2012-13 in Parliament on Wednesday, Trivedi made following key proposals:
With inputs from agencies