Railway Budget does not propose any increase in fare. According to the minister, the passenger fares are heavily subsidized by freight, which is already high. There is hardly any surplus for new projects.

 http://profit.ndtv.com/news/budget/article-rail-budget-2015-no-increase-in-passenger-fares-says-suresh-prabhu-742527

 


G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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  • Re: Railway Budget- no fare increase

    by » 4 years ago


    That's right, fare is heavily subsidized but the main reason of losses incurred is corruption in railways that eats up more than half the possible profits. If they can save railways from corruption perhaps they can earn better and spend it on better facilities.


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  • Re: Railway Budget- no fare increase

    by » 4 years ago


    All in all it seems to be a well balanced budget where they want to give importance to unfinished and already started projects reather than go on announcing hunbdreds of new projects which never take off but remain on paper only like it was done during Lalus time...


    Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!


  • Re: Railway Budget- no fare increase

    by » 4 years ago


    SurshSuresh Prabhu, well before the budget presentation gave a hint, that there won't beany hike in the fares. The stress is on providing modern amenities, fast trains and Clealiness .


  • Re: Railway Budget- no fare increase

    by » 4 years ago



    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/


    Thank you said by: rambabu

  • Re: Railway Budget- no fare increase

    by » 4 years ago


    Thank you sir. Right now, I'm watching the TV.


  • Re: Railway Budget- no fare increase

    by » 4 years ago


    The only redeeming aspect of this budget as I see it is that the Minister has not taken the people of India down the garden path by making grandiose annoucement of projects which were made by his predecessors with full knowledge that those won't ever the light of day.About his futuristic ambitious plans the formidable hurdle would be definitely sourcing funds and he sounded very vague on this.The naked truth is that operating ratio of Indian Railway is mind-bogglingly high and corruption rampant. Think of Pawan Bansal- his misdeeds still stink to high heavens!

  • Re: Railway Budget- no fare increase

    by » 4 years ago


    I really appreciate and surprise the central government decision in not increasing the fare. In Tamilnadu most of the buses are converted in to semi deluxe and deluxe without giving much facilities. Bus fares are also high. Whenever government increasing the fare they simply saying that comparing with other states our fares are very low. When Tamilnadu government increasing bus fare from RS.15 to 30 the politicians are keep quite but at the same time central govt increase the fare they are shouting. Actually speaking the train fare is very cheap but how central government managing this is really a great task. We can heard that people travelling without ticket in train is possible until TTR check the tickets but in the case of bus travel there is no possibility of making fraud.


  • Re: Railway Budget- no fare increase

    by » 4 years ago


    The most bad thing about Budget 2015 is that Reservation can be done 120 day before. This create problem for many passengers including me.


  • Re: Railway Budget- no fare increase

    by » 4 years ago


    On the whole, it's a people friendly realistic rail budget, with astress on, completing the unfinished projects lying in cold storage since decades.


  • Re: Railway Budget- no fare increase

    by » 4 years ago


    I find the railway budget very well-balanced. No new trains have been announced, no hike, but promises to improve the existing trains is what I am looking forward to like many others.


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