Railway revises MST and second class suburban fare
25/06/2014 15:47
The Ministry of Railways on Tuesday announced it has taken a decision to increase the cost of existing Monthly Season Tickets fare by only 14.2 per cent inclusive of FAC, i.e., the MST for both suburban and non-suburban shall now be charged at 14.2 per cent over the existing rates rounded off as per extant instructions. 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 per cent fare hike and 4.2 per cent FAC, the new MST fares ranged 1.7 times to 3.5 times of the old MST fare. However, in a partial respite to second class travelers, the railways have announced no fare hike for a distance of 80 kms. In view of the above modifications, the revised fares in the unreserved segment shall come into force from June 28, 2014. However, for reserved segment, the revised fares shall come into effect from June 25, 2014 as notified earlier, according to official statement released by Railways Ministry.
25/06/2014 15:47
The Ministry of Railways on Tuesday announced it has taken a decision to increase the cost of existing Monthly Season Tickets fare by only 14.2 per cent inclusive of FAC, i.e., the MST for both suburban and non-suburban shall now be charged at 14.2 per cent over the existing rates rounded off as per extant instructions. 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 per cent fare hike and 4.2 per cent FAC, the new MST fares ranged 1.7 times to 3.5 times of the old MST fare. However, in a partial respite to second class travelers, the railways have announced no fare hike for a distance of 80 kms. In view of the above modifications, the revised fares in the unreserved segment shall come into force from June 28, 2014. However, for reserved segment, the revised fares shall come into effect from June 25, 2014 as notified earlier, according to official statement released by Railways Ministry.
