Hyderabad: Effective from June 25, 2014, railway fares will see a steep increase with passenger fares being hiked by 14.2 per cent and freight charges by 6.5 per cent.
Second class monthly season ticket fares on suburban and non-suburban lines will be charged on the basis of 30 single journeys instead of approximately 15 single journeys. Fares of first class monthly season tickets will be charged at four times the second class monthly season ticket fares is done presently.
The revised fares shall also be applicable as per the existing method of computation on quarterly season tickets (QST), half-yearly season tickets (HST) and yearly season tickets (YST) etc. However, there will be no changes in reservation fee, superfast surcharge and service tax. The revised fares will also apply to tickets issued in advance for journeys to commence on or after June 25.
“Meeting the annual expenditure would not be possible unless the revised rates as finalised by the previous government is implemented; hence the order of withdrawing implementation of revised fare and freight has been withdrawn. Accordingly, the revised passenger fare and freight rates and freight structure rationalisation will come into effect from June 25, 2014,” stated the SCR in a press statement.
