Railway budget: No hike in passenger fares

Updated: February 26, 2013 15:02 IST

Union railway minister Pawan Kumar Bansal chose not to hike passenger fares directly in the railway budget 2013-14. This comes despite losses to railways on account of passenger traffic likely to mount to Rs 24,600 crore in 2012-13 from Rs 22,500 crore in 2011-12.

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