Government partially rolls back steep railway fare hike

Tags: News
The government has partially rolled back a steep hike in rail passenger fares announced last week after protests from allies, saying there will be no increase in fares for many city commuters.

While only affecting a fraction of the train journeys, the rollback underscores the difficulty of tackling India's heavy subsidy bill. The move announced late on Tuesday follows an average across the board increase of 14.2 percent to fares announced by the railways ministry on Friday.

India's railway network is one of the world's largest, but years of low investment and populist policies to subsidise fares at affordable levels have crimped growth in new lines and hindered private investment.


  • Banking security breach reveals how vulnerable the system is

    Fear has gripped millions of Indians whose bank accounts have been compromised due to a massive security breach in the payments ecosystem linked with


Stay informed on our latest news!


Urs Schoettli

Just how useful are summits?

In the age of globalisation international summits play an increasingly ...

Zehra Naqvi

Of absolute truth & relative perception

Is there such a thing as absolute truth? Look around ...

Shona Adhikari

When art meets the artful

This week’s art news focuses on vastly different themes and ...