The administration of Pakistan Railways has decided to increase the fares for passenger and intercity trains from 2 per cent to 8.5 per cent, a private media house reported on Tuesday.
According to the PR spokesperson, the new fares would come into effect from July 1st, as the hike was made after a surge in oil price.
“The latest fares will not be applicable for travelling up to 50 kilometres, while Rs100 has been increased for the economy class,” he added.
Earlier on June 22, Railways Minister Sheikh Rasheed Ahmed had announced to increase train fares of the economy class by up to Rs100 from the next month.
Addressing a press conference, he said fares of different trains would be increased up to 10 per cent from the next month to contain losses being incurred by the cash-strapped national entity owing rise in fuel prices.
Sheikh Rasheed had clarified that the increase was being made under compulsion.