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Railway fares hiked by 14.2 percent

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Kayalvizhi
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Post by confuzzled dude Fri Jun 20, 2014 6:12 pm

New Delhi: The government on Friday served a “bitter pill” by announcing a 14.2 per cent rail passenger fare hike, along with a 6.5 per cent raise in freight charges. The hike will come into effect from June 25 and is in line with Prime Minister Narendra Modi’s statement last week of taking “unpopular” decisions to revive the economy.

http://www.deccanchronicle.com/140621/nation-current-affairs/article/rail-fares-hiked-142-percent


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Post by confuzzled dude Fri Jun 20, 2014 9:30 pm

"Defending the decision, union railways minister Sadanand Gowda claimed that he had been compelled to take this decision because the previous government had calculated the revenues on the basis of these hikes. ‘‘We are only implementing that decision,” he added."

http://freepressjournal.in/shock-therapy/

 rofl

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Post by confuzzled dude Fri Jun 20, 2014 9:46 pm

“Withdraw immediately 20% hike in Railway freight fare imposed on public just before Railway Budget”: Narendra Modi asks Dr Singh

Gandhinagar, Wednesday: Gujarat Chief Minister Narendra Modi has in a letter to Prime Minister Dr Manmohan Singh today expressed his strong indignation at the Centre’s sudden decision to hike the Railways freight fare by a whopping 20 per cent through backdoor, just a week before the Railway Budget, diminishing the supremacy of the Parliament Mr. Modi demanded immediate withdrawal of the unnerving hike, as it would cause an unprecedented burden on the common man and indirectly on the nation’s economy. “Was the Central Government waiting for the results of the elections to five State Assemblies to impose an anti-people and anti-farmer policy?” he pointedly asked Dr. Singh.

http://www.narendramodi.in/%E2%80%9Cwithdraw-immediately-20-hike-in-railway-freight-fare-imposed-on-public-just-before-railway-budget%E2%80%9D-cm-asks-pm/

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Post by Kayalvizhi Fri Jun 20, 2014 11:18 pm

Stop asking employees to write at least 50% letters in Hindi (as it does now), productivity will improve and rail ticket prices can be reduced from current levels.

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Post by confuzzled dude Tue Jun 24, 2014 9:28 pm

"After diesel, the government is considering raising cooking gas (LPG) and kerosene rates in small doses of Rs. 5 per cylinder and Rs. 0.50-1 a litre every  month to wipe out Rs. 80,000 crore subsidy on the two fuels."

http://profit.ndtv.com/news/industries/article-lpg-cylinder-prices-may-go-up-by-rs-5-every-month-report-570679

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Post by rawemotions Tue Jun 24, 2014 11:30 pm

confuzzled dude wrote:"Defending the decision, union railways minister Sadanand Gowda claimed that he had been compelled to take this decision because the previous government had calculated the revenues on the basis of these hikes. ‘‘We are only implementing that decision,” he added."

http://freepressjournal.in/shock-therapy/

 rofl
Railway Board had announced these Hikes on 16th Morning. These were approved by the previous Cabinet of MMS. Kharge after learning about the defeat rescinded the announcement on the evening of 16th May. So yes it was Congress that laid the groundwork for the Hikes.

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Post by truthbetold Wed Jun 25, 2014 5:02 am

confuzzled dude wrote:"After diesel, the government is considering raising cooking gas (LPG) and kerosene rates in small doses of Rs. 5 per cylinder and Rs. 0.50-1 a litre every  month to wipe out Rs. 80,000 crore subsidy on the two fuels."

http://profit.ndtv.com/news/industries/article-lpg-cylinder-prices-may-go-up-by-rs-5-every-month-report-570679
mms took a bold decision to let market forces decide oil prices. It helped Indian economy but he shied away from implementing it fully. Let us if modi has the guts togo forward. This will remove one of the huge burdens on Indian economy and rationalize oil use. This is a big deal.

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Post by Merlot Daruwala Wed Jun 25, 2014 5:41 am

Haha..this is nice. The Minister himself attributes this decision to the UPA government. But fanboys credit Supreme Leader God for this.
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Post by Motor_Mouth Thu Jun 26, 2014 11:16 am

Need zandu balm, comrade? Stock it up. The stock will have to last for 15 years.

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