Rail freight rates on grains, coal to increase from 1 April
Also, one can book a train ticket 120 days ahead of travel date, instead of 60 days as at present
New Delhi: From Wednesday, a platform ticket will cost ₹ 10, double than at present, and rail freight rates of various commodities, including pulses and urea, will go up by up to 10%.
Also, one can book a train ticket 120 days ahead of travel date, instead of 60 days as at present. Freight rates for grains, pulses and urea would increase by 10%, while the rate for coal would be raised by 6.3%, as per the Railway Budget 2015-15 proposals which will come into effect from 1 April.
Rate for cement will increase by 2.7% while that of scrap and pig iron will rise by 3.1%, according to the proposals.
As proposed in the budget, freight hike of 0.8% will be effected on iron ore and steel while that for bitumen and coal tar, the hike will be of 3.5%. Due to these hikes, freight earnings are estimated to be ₹ 1,21,423 crore in the next fiscal as against its estimated freight earnings in 2014-15 of ₹ 106,927 crore.
Railways has an ambitious target of carrying 1186 million tons (MT) of goods in the 2015-16 fiscal as against 1105 MT in the current fiscal.
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