Will Rail fares be hiked? Here is what CAG report says
The railways incurred excess expenditure of Rs 33.13 crore during the year 2016-17.
Mar 14, 2018, 11:44 AM ISTGovt approves setting up of Rail Development Authority to fix rail fares
The Cabinet on Thursday approved the formation of an independent rail regulatory authority to determine tariffs ensuring fair play and level playing field for private players keen on investment in the railways.
Apr 06, 2017, 10:00 AM ISTHike in rail passenger fares may be coming soon as Railways plans authority to rationalise fares
Come 2017, you could be paying more for your train travells, as the Railways Ministry is soon going to have a rail tariff authority which is expected to recommend reforms in bringing down Rs 33,000 crore losses per year in passenger fare subsidies, which includes hiking passenger and freight rates.
Dec 19, 2016, 05:03 AM IST