Railway Minister rules out roll back of fare hike
New Delhi: Railway Minister Pawan Kumar Bansal has ruled out any possibility of partial reduction of the proposed hike in train fares saying "there is no scope for roll back". Cash-strapped Railways on Wednesday announced about 25 per cent passenger fare hike for all classes to be effective from January 22.
"Where is the scope for considering it? There is no scope for roll back. It is a decision taken after considering all factors," Bansal said on Thursday when asked about the possibility of partial reduction of the hike in the face of opposition from political parties.
"Railway system will collapse. We need funds for upgrading safety, augmentation of capacity and maintaining cleanliness at rail premises. Then it is not a huge increase also," he said.
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