According to Indian Railway’s announced policy, fare and freight revision linked to fuel and energy cost are being done twice a year. The last revision was done in June whereas passenger fares were revised by 4.2 per cent and freight rates by 1.4 per cent.
The fuel adjustment component-linked tariff revision due in December will be effected in the Rail Budget in February and there is a need for upward revision as energy cost has gone up by over 4 per cent in the recent months, said a senior Railway Ministry official.
Railway Minister Suresh Prabhu had said at a recent event that “some burden has to be shared by people.”
So at last we all are going to have a new year gift from our Railway Ministry Enjoy !!!