Indian Railways may hike passenger fare; Freight rates will be reduced

Amid theories of traveler price rise in not so distant future, railroad board director V K Yadav said on Thursday that rail routes are ‘justifying’ its travelers and cargo fees. He said the freight rates are as of now high.

Officials said that while increasing freight is the only major solution to overcome the financial crisis, in the current situation there is little room for it, so raising passenger fares is the only immediate option before the railway.