It was announced by the Pakistan Railways on Wednesday that it would hike the charges of passenger trains, express trains and mail trains, the second hike in 15 days sources reported.
A notification issued here under stated that the Pakistan Railways will charge a 2 percent increase in fare of the express and passenger trains effective July 4. The advance bookings too will be affected by this 2 percent fare adjustment as per the notification.
This was made after the increase in the prices of petroleum products such as diesel. An official of the Pakistan Railways informed that the increased cost of diesel had resulted in monthly loss of about Rs 109 million to the Pakistan Railways.
The directions have been given by the railway department to the Director of IT and the DS to meet and comply with the updated fares.
It can be observed here that the passenger train fares were increased by 3 percent whereas the freight train fare was increased by 4 percent on June 18.
The federal government revised the prices of petroleum products, a move that has resulted in an increase of the petrol price by 8.36 per litre of the ongoing fortnight that ends on July 15.
In accordance with a notification given by the Ministry of Finance, the petrol prices were hiked by 14.80 rupees per litre, which have made petrol prices to reach to Rs266.89 per litre.
Equally, high-speed diesel was also increased by Rs10.39 per litre and the new rate amounts to Rs272.98 per litre.
