Hike in fares likely as Railways mull ways to set up safety fund : The Tribune India

Join Whatsapp Channel

Hike in fares likely as Railways mull ways to set up safety fund

NEW DELHI: Train passengers may have to shell out more as the Indian Railways are considering a hike in fares in order to raise money for a special safety fund after the Finance Ministry rejected a proposal.

Hike in fares likely as Railways mull ways to set up safety fund

A train that derailed near Kanpur killed more than 140 on November 20, 2016. PTI file photo



New Delhi, December 11

Train passengers may have to shell out more as the Indian Railways are considering a hike in fares in order to raise money for a special safety fund after the Finance Ministry rejected a proposal.

According to the proposal, a safety cess will be levied to generate funds for strengthening track and upgrading signalling system and elimination of unmanned level crossings among other safety-related works to prevent mishaps.

Railway Minister Suresh Prabhu had written a letter to Finance Minister Arun Jaitley for a grant of Rs 1,19,183 crore to create the special Rashtriya Rail Sanraksha Kosh for undertaking various safety works.

However, the proposal did not find much favour with the Finance Ministry and it asked the Railways to raise resources on its own by raising fares.

The Finance Ministry agreed to provide only 25 per cent and suggested that Railways raise 75 per cent resources itself for the special safety fund, sources said.

"Though the Railway Minister is not in favour of raising fares at this juncture when passenger bookings are falling and fares of AC-2 and AC-1 are already on higher side, the reluctance of Finance Ministry to provide a bail-out package has left the minister with no option," a source said.

According to the plan, the cess on Sleeper, Second Class and AC-3 will be higher while it will be marginal for AC-2 and AC-1.

A final decision on raising fares is yet to be taken as modalities are still being worked out, sources added.

Two trains were derailed in quick succession in the recent past, causing heavy casualties. Experts say these mishaps have taken place due to the lack of upgrading and proper maintenance of track and signalling system.

The basic thrust in the Rashtriya Rail Sanraksha Kosh proposal is use modern signalling system and elimination of all vulnerable unmanned level crossings to prevent accidents. Since majority of accidents happen at unmanned level crossings it is essential to eliminate those level crossings through construction of road over bridges and under bridges.

Since Railways has decided to increase the average speed of trains, it is important that rail track and rail bridges are also strengthened along with signalling upgrade.

Apart from increasing speed of passenger service, Railways has also decided to run freight trains with 25 tonne axle load for which strengthening of track and rail bridge is essential. — PTI

Top News

High alert across Uttar Pradesh after gangster-turned-politician Mukhtar Ansari's death

High alert across Uttar Pradesh after gangster-turned-politician Mukhtar Ansari's death

Umar Ansari alleged that his father was subjected to slow po...

Mukhtar Ansari was subjected to slow poisoning in jail: Son

Mukhtar Ansari was subjected to slow poisoning in jail: Son

Ansari's post-mortem to be conducted in UP by panel of five ...

Enforcement Directorate wants AAP's Lok Sabha poll strategy details from Arvind Kejriwal's phone: Atishi

Enforcement Directorate wants AAP's Lok Sabha poll strategy details from Arvind Kejriwal's phone: Atishi

Says actually it is the BJP and not the ED that wants to kno...

PM Modi in conversation with Bill Gates, says India has democratised technology, aims to end digital divide

PM Modi, in conversation with Bill Gates, says India has democratised technology, aims to end digital divide

Says tech can play big role in agriculture, education, healt...


Cities

View All