Railway officials have proposed a 20 per cent increase in train fares.
With the increase in prices of petroleum products, the annual financial expenditure of the railways will increase from Rs 20 billion to Rs 23 billion. Rents for stands, parlor cars and AC sleepers will increase.
This will also apply to passenger trains running on branch lines and passengers traveling from one station to another. The final decision will be taken in a meeting chaired by the Railway Minister today.