Indian Railways Hike on Passenger Fares and Freight Rates New Prices List 2014:
The Railway Passenger fare had been increased about 14.2 percentage and the freight charges of 6.5 percentage which comes to effect from 25th June 2014, Wednesday as per the Government order.
The Railway Minister Sadanand Gowda had announced about the hike of Passengers fare as well as the freight charges in Indian Railways.
Minister of Railways Sadanand Gowda had also reported that interim Railway Budget 2014-15 had assumed certain revenues on the basis of the proposed hike.
The passengers those who had already booked their tickets need to pay the increased fare amount to the Travelling Ticket Examiner TTE.
The Railway Budget for the year 2014-15 is to be presented by the Minister of Railways Sadanand Gowda on 9th July 2014 in the Parliament.
Already the Interim Rail Budget 2014-15 was presented by Mallikarjun Kharge on 12th February 2014 in the Parliament.