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Wednesday, June 25, 2014

Railway Fare Hike Partial Rollback Tuesday June 24,2014

In a partial rollback, the Railways on Tuesday June 24,2014 announced that the recent hike of 14.2 per cent in passenger fares will not apply to second class suburban journey upto 80 kms, a decision that will give relief to lakhs of travellers mainly in metro cities.

In a revised order, the Railways also said that the fare hike in the unreserved segment shall come into force from June 28,2014 as against June 25,2014 when the increase will be implemented otherwise. Railways also gave some relief to monthly pass holders by reverting to 15, instead of 30, the number of trips for which they will have to make payment for travelling unlimited times in a month.

The revision to the June 20,2014 notification came hours after the MPs from ruling NDA belonging to Maharashtra met Railway Minister Sadananda Gowda and demanded a rollback in the hike.

Cash-strapped railways had announced on June 20,2014 an increase of 14.2% in passenger fares and 6.5 % in freight rates, just three weeks before the presentation of the Rail Budget. The revised rates will come into effect from tomorrow June 25,2014

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