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Fare Hike Every 6 Months

PUBLISHED BY: SURENDER KUMAR
JULY 08, 2014

   
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Fare Hike Every 6 Months


Though there is not any fare hike in the Rail Budget but you will get a taste of the bitter medicine pill later this year, as the Railways will continue passing on fuel price hikes to end-users.

 

 

The Railways will continue with the Fuel Adjustment Component, resulting in periodic hike once in six months. The recent hike in passenger fares by 14.2 % consisted of a 10 % hike in basic fare and a 4.2 % fuel adjustment component.

 




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