Railway Minister Lalu Prasad today cut passenger fares while keeping freight rates unchanged at the time of announcing interim rail budget for 2009-2010. AC, mail, express fares have been cut by 2%.
Passenger fares of ordinary passenger trains have been lower by rupee one for fares costing up to Rs 50 per passenger for journey above ten kilo metres. Second class and sleeper class fares of all mail/express and ordinary passenger trains have been reduced by 2% for tickets costing Rs 50 and more per passenger.
Fares of AC First Class, AC II tier, AC III tier and AC Chair Car have also been reduced by two per cent.
The rail minister said Railways is expected to show a surplus of Rs 18,847 crore in the next fiscal. The railways has started work on Dehi-Mumbai freight corridor, he said. The feasibility studies are on for running bullet trains between Delhi-Amritsar, Ahmedabad-Pune, Hyderbada-Vijaywada- Chennai, Chennai-Bangalore, Delhi-Patna, Kolkata-Haldia and Ernakulam-Howrah.
Wagon output will be increased from 6000 to 15,000 a year
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