Railway minister Pawan Kumar Bansal announced an across-the-board hike in all classes, on Wednesday. This decision comes just a month ahead of the Budget. The hike will be implemented from midnight of January 21. It is the first such increase in the period of 10 years.
Travel by Second Class Mail and Express trains will be costlier by 4 paise per km, while it will be 6 paise in Sleeper Class.Travellers by AC Chair Car and AC Three Tier will have to shell out 10 paise more per km, First Class by 3 paise, AC Two Tier by 6 paise and AC First Class by 10 paise.
The fares for First Class, AC Two Tier and AC First/ Executive Class were already raised by 10 paise per km, 15 and 30 paise respectively in the current year's budget. Bansal told a press conference that the decision to hike the fares was "imperative" as lack of revision in the last 10 years has had a "telling effect" on the railway finances.
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