No any cut in train fares in spite of the fall in diesel prices
Railway Minister Suresh Prabhu today hinted that there may not be any cut in train fares in spite of the fall in diesel prices.
"Actually, the Railways recover only 50 per cent of the passenger cost they bear. So, there is already a huge element of subsidy (and passengers are getting benefits as passenger fare is subsidised)," Prabhu told reporters here. (http://economictimes.indiatimes.com)
"Actually, the Railways recover only 50 per cent of the passenger cost they bear. So, there is already a huge element of subsidy (and passengers are getting benefits as passenger fare is subsidised)," Prabhu told reporters here. (http://economictimes.indiatimes.com)
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