“Ticket bookings are open for 120 days, and agents buy the tickets in bulk and sell them for 119 days and return the unsold ones on the last day. These charges will have to be increased gradually to tackle this menace and ensure that genuine travellers get tickets to travel,” the minister said.
Replying to a debate on the rail budget in the Lok Sabha, amid a walkout by Opposition parties, Bansal also invited investments from companies to improve amenities at railway stations.
Opposition parties — including the BJP, Left, JD(U), Shiv Sena, AIADMK, Trinamool Congress and BJD — walked out of the discussion, accusing the railway minister of focussing only on Congress-ruled states and ignoring the others.
The rail budget, presented in the House on February 26, increased reservation fee and supplementary charge for superfast trains. Freight charges were also hiked by 5.8 per cent. “There was no hike in fares and charges in the last 12 years.... There was criticism inside the House, but not outside,” Bansal claimed, adding that the bulk of rail travellers, who did not travel by air-conditioned coaches, were the “least affected” by the increase.
Bansal said the steps of price increases were taken to maintain the rolling stock and generate revenue, in line with the recommendations of the (Anil) Kakodkar and (Sam) Pitroda committees and the Planning Commission.
On alleged discrimination against non-Congress-ruled states, he said, “We cannot indulge in financial profligacy....”
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)