Wednesday, June 25, 2014

INDIAN RAILWAYS - THE NEW FARES - D.V.S. GIFT - ACHCHE DIN (AA)GAYE !!!

New Rail Fare
Hike Only 14.2% in monthly pass rates-
No Change in 2nd Class fare for distance up to 80 Km-

Ministry of Railway modifies the passenger fare revision circular in connection with Monthly Season Tickets (MST) and second class suburban fare
The circular for revision of passenger fares issued by Ministry of Railways that was to come into effect from 25.6.2014 had among other things made a change in the way the fare for monthly season tickets (MSTs) was to be calculated.  In the existing system, the MST is 17-15 times the value of a single journey ticket for the same distance slab whereas the circular indicated that MSR fare would be now equivalent to 30 single journey fare for the same distance slab.  Inclusive of the 10% fare hike and 4.2% FAC, the new MST fares ranged 1.7 times to 3.5 times of the old MST fare.  Despite the fact that MSTs are highly subsidized,  Ministry of Railway has now decided to modify the fair revision circular and hence a decision has been taken to increase the cost of existing MST fare by only 14.2% inclusive of FAC, i.e., the Monthly Season Tickets for both suburban and non-suburban shall now be charged at 14.2% over  the  existing rates rounded off as per extant instructions.

Further in the second class ordinary suburban single journey fares, it was noticed that upto a distance of 80 kms, there was increase in 3 of the slabs only and because of rounding off, the increase was coming to more than 14.2%.  A view was therefore taken to avoid any hike in fares upto a distance of 80 kms.  Thus there is no change in fare for second class suburban travelers for a distance upto 80 kms.

In view of the above modifications, the revised fares in the unreserved segment shall come into force from 28.6.2014.  However, for reserved segment, the revised fares shall come into effect from 25.6.2014 as notified earlier.
Single Journey and MST Fares
Distance Slabs
Old Fare
Revised Fare
(As per order
dt. 20.06.2014)
Revised Fare
(FINAL)
1-5
85
150
100
6-10
85
150
100
11-15
85
150
100
16-20
85
300
100
21-25
160
300
185
26-30
160
300
185
31-35
160
300
185
36-40
160
300
185
41-45
160
450
185
46-50
235
450
270
51-55
235
450
270
56-60
235
450
270
61-65
235
450
270
66-70
235
600
270
71-75
310
600
355
76-80
310
600
355
81-85
310
750
355
86-90
310
750
355
91-95
310
750
355
96-100
310
750
355
101-105
385
750
440
106-110
385
750
440
111-115
385
750
440
116-120
385
900
440
121-125
385
900
440
126-130
385
900
440
131-135
385
900
440
136-140
460
900
530
141-145
460
1050
530
146-150
460
1050
530


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