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Local train rides to get 24% dearer in the New Year

The hike will come into effect for distances more than 10 km for all commuters travelling by first- and second-class compartments

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Travelling by local trains — the city’s lifeline — will get 24 per cent more expensive from January 1, 2013.

The fares, in the first such hike in 10 years, will go up owing to a surcharge that was to be levied under the Mumbai Urban Transport Project. The railways intend to recoveru00a0Rs 240 crore from Mumbaikars as part of the surcharge since 2003.u00a0

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