The Rail Budget is here . Let’s cut through the bull and give you what’s important. Fares Haven’t Changed Yes, it’s time to rejoice. You’re still going to be stuffed like sardines into massive metal boxes when you’re an “unreserved” customer of the Railways, but you won’t pay a rupee more than last year. However, you are likely to get your tickets in 5 minutes. We aren’t exactly sure why it should take five minutes either, but apparently this is a big improvement. Freight Costs are Up To transport goods, freight costs have been increased. The rates are between 4% and 10% (mostly 10%) and they expect traffic to grow as well. Coal transportation rates, for instance, are up 6.3%. Those people who just bid for all those coal blocks suddenly have to pay more, and we hope they factored that in. Big Investment in Upgrades So you complained about a train never coming on time?… (Read On…)
[via Capital Mind]
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