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.
A
table depicting the above changes is enclosed.
Source : PIB
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