Fares may be revised based on fuel costs

Railway Minister Dinesh Trivedi said on Friday that fares may be revised "based on fuel costs" to improve the organisation's financial condition.

Trivedi told mediapersons that the issue of fare hike was complex and needs public debate as 91 per cent of passengers belong to the general class.

Railways' earnings up by over 10%

"I am concerned about railways' financial condition. We cannot take the burden of fuel cost anymore," he said.

According to railway officials, the fuel cost component of a railway ticket amounts to about 30 per cent.