After a span of almost 9 years, a hike of 14.2% in the passenger fare and a hike of 6.5% in the freight fare was made by the Union Minister for Railways Sadananda Gowda. It came as shocking instance leading countrywide uproar after the immediate announcement of the unexpected fare hike.
This railway fare hike has been supported by the Modi led government.
Must know facts about the price hike:
- This is one of the steepest hikes in the railway fare so far in the country
- It is clear that 4.2% of the hike is due to the approval in last year’s budget.