New hike in fuel prices to push up Pak train fares

LAHORE, June 2: Due to the recent rise in petroleum prices, a subsequent increase in train fare by two to 15 percent seems likely, sources informed on Sunday, reports Daily Times.

Sources said that federal Minister for Railways Sheikh Rasheed will likely announce the increase. The new hike in AC Sleeper will likely be 15 per cent, AC Business 10 per cent and Economy class two to five per cent.

According to Railways officials, more than 0.4 million litres of diesel are used for train operations and with an increase of 4.5 rupees per litre, it becomes an additional burden of Rs2.25 million.

It is pertinent to mention that last year in December, Railways raised fare by seven to 11 per cent.