Sunday, May 18, 2014

Decision on Revision/Hike of Freight Rates and Passenger Fares on Indian Railways Put on Hold Till Further Advice



Please refer to the press release of Press Information Bureau dated 16-5-2014 with the title “RATIONALIZATION AND REVISION OF FREIGHT RATES AND PASSENGER FARES ON INDIAN RAILWAYS TO BE EFFECTIVE FROM 20th MAY 2014.” It is now informed that under the directions of the Minister of Railways Shri Mallikarjun Kharge, the decision on the proposed hike in the freight charges and passenger fares have been kept pended till further advice for placing this proposal before the new government for taking a view/decision in the matter. This means that there shall be no revision/hike in Freight Rates and Passenger fares w.e.f. 20-5-2014. Accordingly, the Railway Board commercial circular No.19 dated 16-5-2014 and freight rate circular No.RC-15 dated 16-5-2014 are kept in abeyance till further advice. Moreover, above mentioned PIB press release also stands withdrawn.

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