Decision on Rail ticket fare hike after meeting PM:Minister
June 17, 2014
New Delhi, 17 June, 2014
Railway Minister says Railways is losing Rs. 900 crore per month and it needs to find some way out. He said he discussed the issue of rail fare hike with Finance Minister. He said UPA government had proposed fare hike in interim budget and interim budget proposals are not implemented. He said Railways is also looking for other mechanisams to fund revenue gap as well. He said he also discussed Railway FDI issue with Finance Minister. He said final decision on fare hike will be taken after discussion with Prime Minister.
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