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Rail Budget: Passenger fares likely to go up early next year

The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers

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The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers

The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers

New Delhi: The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers.

The fuel adjustment component-linked tariff revision due in December will be effected in the Rail Budget in February and there is a need for upward revision as energy cost has gone up by over 4 per cent in the recent months, said a senior Railway Ministry official.

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