Railways moves forward

The government’s announcement yesterday on raising railway passenger fares for all classes of travel was long overdue. Basic fares for all categories, except a small segment of upper-class and air-conditioned travel, have remained unchanged for almost 10 years. As a result, the Indian Railways’ losses in passenger operations are estimated to have risen to Rs 25,000 crore in 2012-13, a fourfold increase over 2004-05.

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