Indian Rail Passenger Fare Hike wef Jan 21,2013

Railway Minister P.K. Bansal on Jan 9,2013 Wednesday announced an across-the-board hike in passenger fares less than two months before presenting the Railway budget.

The increase ranges from two paise a km in the basic fare for second class ordinary (suburban) passengers to 10 paise a km for AC chair car and AC first class.The hike comes into effect from January 21,2013.

The fare hike, he said, was expected to yield Rs. 6,600 crore a year. During the current financial year (up to March 31), it would help the Railways mop up an additional Rs. 1,200 crore

Railway Minister P.K. Bansal said there would be no further fare hike in the Railway budget.

Note
The hike effected by Railway Minister P.K. Bansal for the economically sensitive classes is more than what was proposed by his predecessor Dinesh Trivedi (TMC) in his budget for 2012-13
Passenger fares had not been hiked over the last 10 years except for the first, AC two-tier and AC first/executive classes in April 2012